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Economy

Data from the People’s Bank of China, China’s central bank, showed that China’s foreign currency reserves shrank by US$319.84 billion in 2016.

Xiaomi founder Lei Jun says he aims to break the public’s perceptions that equate high quality with high prices

The risks that led to China’s first bond defaults in 2014 may build up in 2017. SOEs and local governments are particularly vulnerable. NewsChina invited a local ratings agency to explain the issues

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The recurring devaluation of the yuan over the past two years, in the wake of a decade of its appreciation, may not be a big problem. But the lingering expectation of further depreciation is

NewsChina secured an exclusive interview with Liu Jianwen, director of China Association for Fiscal and Tax Law, to discuss China’s income tax reform amid heated online debates and speculations

Jan. 2017