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  • China's RMB embarks on new journey towards global reserve status

    China's RMB embarks on new journey towards global reserve status

    China's currency, the renminbi (RMB), is breaking the financial world's ultimate glass ceiling and embarking on a new journey towards global reserve status when it formally joins the elite currency club of the International Monetary Fund (IMF) on Saturday.

    Macro

    Chinese economy stabilizes but risks still lurk

    Chinese economy stabilizes but risks still lurk

    Growth in China's August rail freight volume and a surge in industrial profits are among the encouraging data that reinforce a message of economic stabilization, analysts said, but risks remain.

    Trade

    In-depth

    Investors better to remain coolheaded about Chinese economy

    Investors better to remain coolheaded about Chinese economy

    Billionaire investor George Soros was found to have invested in China's fifth biggest state-owned lender, which raised a public uproar as many still remembered that Soros has never stopped bad-mouthing China's economy.

    China's FTZs drive new opening up, mull deeper reforms

    China's FTZs drive new opening up, mull deeper reforms

    The FTZ is a testing ground for new policies to facilitate investment and trade, characterized by bolder measures and wider opening up.

    China's air market flying high, headwinds remain

    China's air market flying high, headwinds remain

    With China's air industry development gaining speed, aeronautical specialists say the sky is the limit for aviation in the world's most populous country.

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