CHINA

China Signals Freer Yuan, More Flexible Monetary Policy

Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing
The closer the yuan is to an equilibrium, the bigger role market forces will play in the yuan exchange rate, PBOC Governor Zhou Xiaochuan said Monday. He said the central bank will allow and encourage market forces to play a bigger role while decreasing its intervention in the market in an orderly manner.
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China to be more creative with FX reserves: central bank

China will manage its $3.2 trillion of foreign currency reserves more creatively to ensure effective results, its central bank said on Monday, as it vowed to work harder to free the country's tightly controlled financial markets.
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Brent crude falls towards $125 as China data spur demand worry

Oil fell on Monday for the first time in four sessions, with Brent slipping towards $125 as global demand concerns took centerstage following weak Chinese exports, countering support from supply disruption worries in the Middle East and Africa and a brightening U.S. economic outlook.
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China's Sina sees 60 pct of Weibo users verified by deadline

China's Sina Corp estimates 60 percent of the users of its popular microblogging Weibo platform would have registered their real identities by a March 16 deadline in compliance with government regulations, a company spokesman said on Monday.
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Asian Shares Dip On Concerns About China

Asian shares fell Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while concerns over China's slowdown also weighed on sentiment.
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French aerospace firms want help on China: report

European plane-maker Airbus has teamed up with French flag-carrier Air France and supplier Safran to call for France's help in resolving tensions with China over the European Union's controversial carbon emissions tax, which they say is threatening orders, French daily Les Echos said.
Post-PC Company

Technology Focus: PCs? Not Dead Yet By Any Means

Mark Twain would have been amused by the remarks of new Apple Inc. (Nasdaq: AAPL) CEO Tim Cook last week when he announced the post-PC era. As Twain observed after reading his obituary, The report of my death was an exaggeration.
China Reports $31.48 Billion Trade Deficit for February

China Reports $31.48 Billion Trade Deficit in February

China had a trade deficit of $31.48 billion in February, according to data revealed by the General Administration of Customs Saturday. This is another indication that global economic condition is continuing to affect the country's exports.
Syrian Foreign Minister Walid al-Moualem meets the Chinese envoy to Syria Li Huaxin in Damascus.

Syrian Conflict Shifts Chinese Foreign Policy

The Syrian crisis has pushed the Chinese to engage internationally significantly more than it has in the past. Some remain skeptical as to China's interest in Syria, but the recently released 6-point statement shows a China attempting to strike a middle-ground.
A shopper walks at the Dragonmart mall in Dubai, February 26, 2012.

China's Trade Balance Swings To Large Deficit From Small Surplus

In a stunning move, China's trade balance fell to a deficit of $31.5 billion in February from a surplus of $6.5 billion in January, according to data in multiple media reports on Saturday -- and the country's trade deficit may be its largest in the 21st century.
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Import surge sends China trade to decade-deep deficit

China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand or seasonal distortion drove the drop.
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China Feb trade deficit at $31.5 billion as imports leap

China chalked up its largest trade deficit in at least a decade in February at $31.5 billion, as imports soared 39.6 percent on a year earlier at more than twice the pace of export growth, leaving analysts cautious about seasonal distortions to trade activity.
Iron and Steel Industry in China

China Economic Slowdown: Could It Bring Jobs Back To The US?

The global markets tumbled this week, due in part to concerns about China's slowed economic growth. There are several reasons, however, why China's economic slowdown could actually benefit the U.S., despite the market's immediate reaction. One reason is the possible return of jobs to the United States' manufacturing sector.

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