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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

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

Belt and Road Initiative begins to show positive results

Trade between China and the Belt and Road countries exceeded 600 billion U.S. dollars during the first eight months of 2016.
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China promises policies to boost foreign trade

China will adopt various measures to boost foreign trade as the sector is still under considerable pressure, the Ministry of Commerce (MOC) said Thursday.
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In-depth

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

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

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.