China is emerging as a reassuringly stable, mature and responsible power in these uncertain times.
A fake date can cost as little as 15 cents an hour.
China's weight in the world economy has been rising and was made excruciatingly apparent by the turmoil in U.S. equities markets over the past few weeks. Much of current stock market anxiety was at least "assembled" in China.
The Central Bank of China moved last week the decision to devalue the country's currency, the yuan, leading to a three-year low against the dollar. The cause of the devaluation was the slowdown in growth of the Chinese economy to 7 percent in the first two quarters of 2015.
WASHINGTON -- The action taken by China, far from being a step to manipulate its currency, is actually an effort to let the RMB fluctuate according to the dynamics of the exchange markets.
Yesterday's devaluation of 1.9 percent in the value of the Yuan was followed today by another cut of one percent by China's
Advocates for the hub say that the move would spread benefits evenly throughout the city, creating the blue-collar jobs that
According to Xinhua, Wang said the 15 people had voluntarily given her money in return for handsome interest payments. The
BEIJING (Reuters) - U.S. trade and employment problems would not be solved by even a major appreciation of China's yuan versus