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The recent rise in China's inflation has grabbed the attention of the public and policymakers alike. Consumer price inflation rose to 4.4 percent in October and a further increase is expected. This is higher than we are used to in China, although it
BEIJING, Dec. 14 (Xinhua) -- The People's Bank of China, the country's central bank, said Wednesday that China will continue its prudent monetary policy next year while making the policy more targeted, flexible and forward-looking. The announcement c
Gold prices have rallied more than 30 per cent since the lift-off in US interest rates in December. A sharp reversal in pricing, sentiment and positioning driven by myriad factors has left gold bears and bulls as polarised as ever. 自去年12月美国
Credit rating agency Standard and Poors has revised Nigeria's economic outlook from stable to positive. In a statement, the rating agency says the Nigerian government, under President Goodluck Jonathan, has undertaken several important reform initiat
BEIJING, May 10 (Xinhua) -- China will maintain a prudent monetary policy in the months ahead, while timely and appropriately fine-tuning the policy, the People's Bank of China (PBOC), or the central bank, said Thursday. The government will make its
BEIJING, June 7 (Xinhua) -- China announced Thursday its first cut in benchmark interest rates in more than three years after slower-than-expected growth in the world's second-largest economy raised concerns of a hard landing. The People's Bank of Ch