US Federal Reserve
China Forex Reserve Declines Following Weaker Yuan
| S. Rina | | Nov 08, 2016 10:41 PM EST |
China adjusted its yuan exchange rate upward against dollar this Monday. However, the weaker currency has been accompanied by unexpected fall in exports. The country's exports have fallen 7.3 percent in the past year. Its imports are also low on the year over year basis.
China Depreciates Currency to 5 Year Low
| Rina S. | | May 27, 2016 01:03 PM EDT |
The People's Bank of China has weakened the Yuan to the lowest level since March 2011.
US Fed Researcher Says China's Economic Data Reliable
| Marcel Woo | | Mar 01, 2016 03:12 AM EST |
A United States Federal Reserve researcher announced recently that the official gross domestic product (GDP) data released by China is reliable.
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