CHINA - China's pension-fund chief has proposed setting a trading range for the dollar as officials in the fastest-growing major economy fault the US for adopting policies without regard for the American currency's global role.
The world needs a stable dollar, Dai Xianglong, chairman of China's National Council for Social Security Fund and a former head of the nation's central bank, said today at a forum in Beijing. He spoke...
CHINA - The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".
CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.
China is considering launching a new retirement savings programme similar to US 401k plans, the country's state media has reported.
CHINA - Li Keping, vice chairman for the National Council for Social Security Fund, will leave the fund to join the China Investment Corporation as chief investment officer.
CHINA - Chinese growth raced ahead 9.7% in the first quarter of 2011, while inflation hit its highest level since 2008.