PBOC
China’s central bank will maintain basic stability of the yuan exchange rate within a reasonable and balanced range, according to comments posted on its website on Sunday.
China's central bank on Tuesday lifted its official yuan midpoint CNY=PBOC to the highest level in 3-1/2 months at 6.5416 per dollar.
China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government’s latest crackdown on internet finance.
China is stepping up its oversight of cash loans offered through the internet amid growing concerns over rapid growth in the lightly regulated industry.
China's factory price inflation held steady in July in a positive sign for industrial output and profits for the third quarter.
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