Chinese Vice Premier Zhang Gaoli on Friday called for closer economic and trade cooperation among countries and regions along the Belt and Road.
Volkswagen posted slightly weaker auto sales in China in 2015 compared with a year earlier, but demand for its luxury cars remained resilient.
China will better manage local government debts and improve the risk control mechanism, the Ministry of Finance (MOF) said on Monday in the face of rising risks from expanding debt amid an economic downturn.
Uber Technologies Inc. has agreed to pay 20,000 dollars and strengthen its privacy policies to settle an investigation by New York’s attorney general, according to media reports on Friday.
The Asian Development Bank (ADB) president said here Friday that cooperation with the newly created Asian Infrastructure Investment Bank (AIIB) is “kind of a win-win” for both institutions.
U.S. stocks slumped for a second straight day on Thursday, as global markets rout and falling oil prices continued to weigh on Wall Street.
China’s central bank is capable of keeping the yuan “basically stable at a reasonable equilibrium level” in spite of “speculating forces,” according to an editorial on the bank’s website Thursday.
The continued depreciation of the yuan against the U.S. dollar since August should not be grounds for doom and gloom, as a multitude of factors underpin the Chinese currency in the medium and long term.
China is setting its sights on more efficient and robust cross-border e-commerce to boost its sluggish foreign trade.
U.S. Federal Reserve vice chairman Stanley Fischer said Wednesday that financial markets are underestimating how fast the central bank will increase interest rates this year.