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China devalues yuan currency to three-year low
China allows yuan currency to drop for third day  But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week China's yuan currency devalued for a second day


year 2015 Top ^

Aug.12
Aug.11
  China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation
Aug.10
  China's central bank has devalued the national currency, the yuan, to its lowest rate against the US dollar in almost three years



year 2014 Top ^

Jan.6


year 2013 Top ^

Dec.18
Jul.28


year 2012 Top ^

Jul.18
  China has pledged $20bn in credit for Africa over the next three years, in a push for closer ties and increased trade
Jun.7 China cuts rates as growth slows  China has cut its key interest rates for the first time since 2008, in an attempt to boost its slowing growth Apr.16 China increases US debt holding  China has increased its holding of US debt for the second month in a row as its foreign exchange reserves continue to rise

year 2011 Top ^

Mar.10 China posts shock trade deficit  China has reported a surprise trade deficit for the first time since March 2010. Shipments grew at a weaker-than-expected 2.4% in February

year 2010 Top ^

Dec.26 China raises benchmark interest rates  China's central bank raised benchmark interest rates on, the second increase in just over 2 months, as the government battles inflation Nov.5   China and Germany criticise Fed  Germany and China have expressed concerns over US plans to pump $600bn (373bn) into the US economy Oct.23 US treasury chief to visit China  Timothy Geithner is to visit China at a time of tension between the two countries over the value of China's currency, the yuan Sep.30 'US bill on yuan would hurt both countries'
  U.S. House's passage of legislation designed to combat Beijing's manipulation of currency Jun.19 China hints at stronger currency
  China has indicated it will allow the yuan to rise against the dollar and other Western currencies
Mar.13 China denies currency undervalued  Chinese Premier Wen Jiabao has rejected criticism that China is keeping yuan undervalued in order to boost exports

year 2009 Top ^

Dec.27 Wen dismisses currency pressure
  Premier Wen Jiabao has said Beijing would not give in to foreign demands for its currency to strengthen, taking an increasingly defiant tone Mar.13 Premier worried for U.S. investments  Beijing has high expectations for President Obama's economic recovery strategy, but worries remain about the safety of China's assets

year 2008 Top ^

Dec.21 China to provide $19B to Taiwan firms
  China will provide 130 billion yuan in financing over the next 2 to 3 years to Taiwan-based companies doing business in the mainland
Mar.4 Inflation tops China 2008 agenda
  Premier Wen Jiabao: Tackling record levels of inflation is one of China's major tasks for this year

year 2007 Top ^

Dec.31 China eases foreign investment ban  China is easing a ban on new foreign investment in securities industry while still trying to ensure Chinese control by limiting investors Aug.30 Finance minister resigns  Jin Renqing has resigned for 'personal reasons,' amid concerns of surging inflation and just weeks ahead of an expected reshuffling

year 2005 Top ^

Jun.25 No to yuan revaluation  Prime Minister Jiabao has said there is no hurry to revalue the country's currency

year 2004 Top ^

Mar.5 China plans state spending spree

year 2003 Top ^

Mar.5 Chinese budget sets record deficit


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