China’s foreign-exchange reserves rose last quarter by the most in more than two years, a sign the government’s efforts to protect growth attracted money even as developing nations from India to Indonesia saw capital exit. Reserves were a record $3.66 trillion at the end of September, the People’s Bank of China said yesterday in Beijing, up from $3.5 trillion in June. The median projection was $3.52 trillion in a Bloomberg News survey of seven economists.
Popular Posts
-
The WSJ reports,"global bond rates dropped to their lowest levels of the year Wednesday, as central bankers signaled their de...
-
Sometimes, success brings its own problems. London’s airports may have managed to grab a considerable chunk of the passenger air market, bu...
-
According to a report from the Wall Street Journal,the nerves about emerging markets are clearly visible. Despite an aggressive over...
-
Revisions to economic statistics revealed the British economy is still on track for recovery but faces a problem with the current account ...
-
A sign is shown to mark the countdown to the "Singles' Day" shopping promotion on Nov. 11. by a Tmall online shop in Guangzho...
-
Emerging markets and developing countries For de past five years they drove the recovery and kept the global economy afloat—account...
-
The WSJ reports,"the radical Sunni militia that has plunged Iraq into chaos bragged on Sunday that it had executed hu...
-
China's moon rover "Yutu" (Jade Rabbit) and the Chang'e-3 lander have just "woken up" after a period of dorma...
-
China's export and import growth likely slowed in February, causing its trade surplus to shrink by more than half, a Reuters poll show...
-
Ukrainians elected Petro Poroshenko to be their fifth president in a vote that was dubbed "the second independence referendum." ...
