International Monetary Fund : Chinatopix

International Monetary Fund

Trump Seeks to Improve Ties With Beijing Despite Anti-China Rhetoric

Dec 10, 2016 04:59 AM EST

Amid his ongoing anti-China rhetoric, US President-elect Donald Trump on Thursday called for an improvement in Sino-US relations saying it was one of the most important relationships that the United States needs to cultivate with the world's second largest economy.

Egypt struck a currency swap deal with China.

Egypt Reaches Currency Swap Deal With China, may Obtain IMF Loan

S. Rina |

Oct 31, 2016 02:54 PM EDT

Egypt struck a currency swap deal with China. The deal is expected to be worth $2.7 billion and is expected to boost Egypt's bid for $12 billion International Monetary Fund (IMF) loan.

Chinese currency touched its lowest level in six years against dollar during early Monday morning session.

China’s Yuan Plunges to 6 Years Low Against Dollar

S. Rina |

Oct 11, 2016 08:02 PM EDT

Chinese currency touched its lowest level in six years against dollar during early Monday morning session.

China’s foreign exchange reserve shrank for consecutive third month in September.

China Reports Larger Than Expected Fall in Foreign Exchange Reserve

Staff Reporter |

Oct 07, 2016 05:48 PM EDT

China's foreign exchange reserve shrank for the third consecutive month in September. The rate of decrease also exceeded market expectations.

China's Yuan is now part of the IMF's basket of currencies with Special Drawing Rights (SDR).

Yuan Gets Global Monetary Status, Joins Reserve-Currencies Club

Rina S. |

Oct 01, 2016 08:42 AM EDT

China's Yuan has been added to the elite Reserve Currencies club at the International Monetary Fund (IMF).

Bank for International Settlements Report Shows High Banking Stress in China

Rina S. |

Sep 19, 2016 07:46 AM EDT

The Bank for International Settlements (BIS), a leading global financial watchdog, has raised concerns about the growing level of banking stress in China. A report released by the BIS highlighted China's increasing corporate debt. China's banking stress level in the first quarter was at its highest since 1995.

International Monetary Fund has raised concerns about China’s spiraling corporate debt.

IMF Tells China to Manage ‘High’ Corporate Debt Immediately

Rina S. |

Jun 11, 2016 07:57 PM EDT

The International Monetary Fund (IMF) has raised concerns about China's spiraling corporate debt and the associated potential risks. China is currently struggling to reverse a declining growth rate while its total debt and corporate debt is increasing. Banks are also being forced to carry high non-performing loans as companies are struggling to turn profits.

Chinese Renminbi Approved by IMF as World Currency

Staff Reporter |

Dec 01, 2015 12:47 AM EST

China's renminbi has been approved by the International Monetary Fund as a world currency and will be added to the list of elite world currencies in the Special Drawing Rights basket.

China's Currency Gets Key Backing From IMF

Elena Garcia |

Nov 15, 2015 01:02 PM EST

The head of the International Monetary Fund, Christine Lagarde, says that she supports the bid to add China's yuan to the organization's exclusive club of the world's top currencies.

China's Yuan Takes Leap Toward Joining IMF Currency Basket

Elena Garcia |

Nov 14, 2015 06:07 AM EST

China's yuan moved one step closer to joining other top global currencies in the International Monetary Fund's benchmark foreign exchange basket on Friday. It happened after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up.

China's Foreign Reserve Continues to Drop - September Balance Now at $3.5 Trillion

Benjie Batanes |

Oct 07, 2015 09:42 AM EDT

China's central bank announced on Wednesday that its foreign reserve has dropped even further to around $3.5 trillion. Chinese monetary authorities and outside observers have pointed to several factors as the reasons behind the continuous flight of foreign currency out of the country.

China to ease overseas investment limits

China Cutting Back on Overseas Investment Limits to Make Yuan Global Reserve Currency

Camille Harthy |

May 29, 2015 09:58 AM EDT

China wants the yuan to be a reserve currency, and in order to do so, it is prepared to do everything: even ease the current limits on outbound investments.

IMF Report Shows that China is Now the World’s Largest Economy

Rafael Ross |

Oct 09, 2014 08:00 PM EDT

A recent study of the International Monetary Fund (IMF) showed that China has taken over the United States as the world’s largest economy.

China Outdoing U.S. As World’s Top Economy Is False Alarm

Rubi Valdez |

Oct 09, 2014 06:27 AM EDT

Albeit the International Monetary Fund's (IMF) previous forecast of China leading in the global economy, a separate study shows that United States still remains at a higher spot.

IMF Lowers Global Economic Growth Forecast for 3rd Time This Year

Rubi Valdez |

Oct 08, 2014 10:33 AM EDT

The International Monetary Fund (IMF) announced Tuesday that the global economic growth has declined for the third time this year bearing more downside risks and uneven recovery compared to last spring.

1 2