International Monetary Fund

NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.

SINGAPORE (Sept 30): China’s renminbi will become a major international currency tomorrow, when it officially becomes the fifth currency to enter the International Monetary Fund’s Special Drawing Rights basket, joining the US Dollar, euro, Japanese ye

BEIJING (Sept 7): Brushing off rising wages, a shrinking workforce and intensifying competition from lower cost nations from Vietnam to Mexico, China’s global export share climbed to 14.6 percent last year from 12.9 percent a year earlier. That’s the