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
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
In this edition of Business Middle East, we analyse the turbulence engulfing global markets. Signs of an economic slowdown in China are stacking up
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
China started devaluing its tightly controlled currency this week. Following the decision in the world’s second biggest economy, we focus on
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.
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