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Fiat Money
After China became the largest trading and mining market for bitcoin, China’s central bank is stepping up preparations for issuing its own fiat digital currency
Insurers at the Gate
Using borrowed money to buy listed companies, Chinese insurance companies are playing ‘barbarians at the gate,’ rather than acting as stabilizers of the market as expected. That is a risk – but also a much needed kick for the stock market
China’s Foreign Currency Reserves Fall Sharply
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.
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Ready to Change
Xiaomi founder Lei Jun says he aims to break the public’s perceptions that equate high quality with high prices
Clouded Credit
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
Par Value of Expectation
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