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China Gets A Pass from G-20 on Yuan

Beijing must have enjoyed swapping the hot seat with Berlin at the Group of 20 summit in Mexico City this weekend.
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China, France to discuss yuan

Business & Finance : Business Report (3 years ago)

France and China have agreed to discuss how to work toward easing Beijing's controversial currency controls and making its yuan freely traded. ||| France and China have agreed to discuss how to work toward easing Beijing's controver... Read Post

China Just Swapped $1.6 Billion Worth Of Yuan With Pakistan

Business & Finance : Business Insider: Clusterstock (3 years ago)

BEIJING (AP) — China has announced a currency swap with Pakistan in the latest step to gradually expand use of the tightly controlled Chinese currency abroad. The Chinese central bank said Saturday it swapped 10 billion yuan ($1.6 b... Read Post

China Fines GSK $489 Mln, Jails Executives -Xinhua

Business & Finance : Business Insider: Clusterstock (21 hours ago)

BEIJING (Reuters) - China has fined British pharmaceuticals giant GlaxoSmithKline Plc 3 billion yuan ($488.8 million) for paying out bribes in what is a record penalty for China, state news agency Xinhua said on Friday. Mark Reilly,... Read Post


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