Yuan

Explosions kill 1, injure 8 in north China city: reports

BEIJING - Several small bombs exploded in front of a Communist Party building in the northern Chinese city of Taiyuan on Wednesday, killing one person and injuring another eight, state media said. | Video

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China eyes adopting international law to spark life into trade zones

HONG KONG - China is considering the use of international law in a big push to get free trade zones up and running to promote the use of the yuan in global trade, which could challenge Hong Kong longer term as the main offshore center for the currency.

05 Nov 2013

Exclusive: China securitization plan expanded to include foreign banks - sources

HONG KONG - Chinese regulators have expanded a pilot plan allowing banks to package loans into tradable securities to include foreign banks, sources said.

31 Oct 2013

Exclusive: HTC scales back production lines as cash flow worsens-sources

TAOYUAN, Taiwan - Taiwanese smartphone maker HTC Corp has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation.

23 Oct 2013

China signs second-biggest swap line with ECB

BEIJING/FRANKFURT - China accelerated plans to internationalize its currency on Thursday by agreeing to swap euros and yuan with the European Central Bank in a deal that is set to be China's second-largest to date.

10 Oct 2013

Shanghai free trade zone no game-changer for Hong Kong, for now

HONG KONG - The launch of a Shanghai free trade zone heralds a new chapter in China's drive to promote the yuan currency but it is unlikely to pose a competitive threat to Hong Kong any time soon and could instead provide more opportunities in the former British colony.

30 Sep 2013

China to allow banks to sell $49 billion of asset-backed securities: sources

BEIJING - China will allow selected banks to issue asset-back securities (ABS) worth 300 billion yuan ($49 billion) by the end of June next year, expanding a pilot program to support the economy, three industry sources said.

China, Aerospace & Defense 27 Sep 2013

Factbox: Main reforms planned for Shanghai free-trade zone

- China will open its largely sheltered services sector to competition in a free-trade zone in Shanghai, and test bold financial reforms including a convertible yuan.

27 Sep 2013

China milk makers including Yili, Mengniu to get state support: report

SHANGHAI - Chinese milk powder makers, including Inner Mongolia Yili Industrial Group Co Ltd and China Mengniu Dairy Co Ltd , are set to get 30 billion yuan ($4.90 billion) in official funds to support sector consolidation, media said.

22 Sep 2013

China to invest 80 billion yuan in oil and gas exploration this year

BEIJING - China will invest 80 billion yuan ($13.07 billion) in oil and gas exploration in 2013, state media said on Sunday, as it tries to boost energy supplies reduce its dependence on energy imports.

15 Sep 2013

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BAE job cuts end 500 years of history

BAE job cuts end 500 years of history

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The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document