China Is Confident Economy Grew 6.7 Percent In 2016

China is confident to have reached an economic growth of 6.7 percent in 2016, within a targeted range set earlier in the year, Vice Finance Minister Zhu Guangyao said on Sunday. China’s economy expanded at a steady 6.7 percent in the first three quarters last year, and Zhu said he was confident the growth rate … Read more

Chinese Policymakers Closely Watching Capital Flows

China’s policymakers are closely watching market changes and capital flows, vice Finance Minister Zhu Guangyao was quoted as saying on Saturday. Zhu said that China will “unswervingly” push forward reforms including the internationalization of the yuan, but it will also keep a close eye on market changes and capital flows, state-owned China News Service reported … Read more