China Admits to Slower Economic Growth

Finally, China has admitted to slower economic growth than previously made public in 2014. The National Bureau of Statistics early this morning decided to revise…

Aly Song / Reuters

Chinese Stocks Slide 6.15 Percent

Chinese stocks, Shanghai SE Composite sank to 3 week low, erasing 6.15 percent to close at 3,748.16 on Tuesday. Shanghai SE share Index plunged even…

China new

China Devalues Yuan by 1.9 Percent

The People’s bank of China cut Yuan’s daily fix rate by 1.9 percent early this morning after International Monetary Fund (IMF) reportedly delayed a decision…