By Jia Meng
China is playing a growing role in discussions over solutions to current economic problems. Much of the talk has focused on money -- whether Premier Wen Jiabao's concerns about the value of China's U.S. treasury investments, or the People's Bank of China's paper floating the idea of a de-dollarized international monetary system. Up to now, one limit to China's ability to contribute to global monetary reform has been its own currency policy, particularly the fact that the yuan is not convertible. However, now there are tentative signs that's starting to change....
From www.chinastakes.com This round of foreign strategic investors reducing their holdings in China's formerly state-owned banks may be far from over. And the China Banking Regulatory Commission is deeply worried about it. At present, the Bank of China (BOC), China Construction Bank, and ICBC have at least 29.9 billion, 13.5 ...
In the past two years, Chinese real estate market just like a feast, and so many people enjoy their life from it. But now, the food and beverage is gradually being colder and less. No one will know whether it is just a half time or a finish....