Now playing Next Business China's yuan to join IMF currency basket - sources The Chinese yuan is set to be included in the IMF’s benchmark currency basket, according to reports. Sources say a draft report by International 26/10/2015
Now playing Next Business China's foreign reserves suffer biggest monthly fall on record China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank 07/09/2015
Now playing Next Business Global markets hit turbulence amid mounting fears of China slowdown In this edition of Business Middle East, we analyse the turbulence engulfing global markets. Signs of an economic slowdown in China are stacking up 25/08/2015
Now playing Next Business The currency war intensifies after China devalues the yuan One week after the People’s Bank of China devalued the yuan Business Middle East focuses on reactions to the central bank’s latest action which was 18/08/2015
Now playing Next Business Line Currency moves in China and Google's Alphabet fleet China started devaluing its tightly controlled currency this week. Following the decision in the world’s second biggest economy, we focus on 12/08/2015
Now playing Next Business China cuts interest rates as Yuan targets IMF Despite a sluggish economy and a sliding stock market, Chinese officials recently met with the IMF to discuss the evaluation of the yuan becoming an international currency. 30/06/2015
Now playing Next Business China and Middle East strengthen ties despite growth dip Recent data has shown that growth in China has slowed to its lowest rate in the almost 25 years. Despite the slowdown, China is still a steadily 19/05/2015