• Fri
  • Oct 24, 2014
  • Updated: 5:58am

Yi Gang

China mulls 'Tobin tax' to deter speculative capital inflows

China's firmer yuan and higher interest rates could attract more money inflows this year, despite the possible impact of the US Federal Reserve's tapering of its easy money policy, the foreign exchange regulator said.

Saturday, 25 January, 2014, 3:45am

Central bank eyes new agency for forex investment

The People's Bank of China (PBOC) is working on a plan to establish a new government agency to invest its US$3.5 trillion of foreign exchange reserves abroad more efficiently.

7 Aug 2013 - 8:19am