China renews promises of 'more flexible' yuan
China's central bank governor has renewed promises to ease controversial exchange rate controls — but says change will be gradual. Full story
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"); dapMgr.enableACB(randomId, false); dapMgr.renderAd(randomId, pg, width, height); }China's central bank governor has renewed promises to ease controversial exchange rate controls — but says change will be gradual. Full story
South African President Jacob Zuma on Friday added his voice to criticism of the United States for pursuing loose policies that he said are putting the world economy at risk. Full story
China's foreign reserves have surged past $3 trillion, driven by exchange rate controls that Washington and other governments say distort trade and are hampering a global recovery. Full story
Tightly controlled exchange rate regimes are the main flaw in the international monetary system and the solution is simple, U.S. Treasury Secretary Timothy Geithner told a G20 meeting on Thursday. Full story
China's exchange rate reform will remain gradual in order to allow businesses to steadily adapt, Chinese Premier Wen Jiabao said on Sunday. Full story
U.S. Federal Reserve Chairman Ben Bernanke defended easy money policies in advanced economies against the charge they are overheating emerging markets. Full story
While American consumers benefit from China's currency, manufacturers keep getting hurt by the exchange rate. Alan Tonelson, of the U.S. Business and Industry Council, and Jim Oberweis, of The Oberweis China Opportunities Fund, discuss the issue and po...