China policymakers may lose control of yuan: Trader

China may be just one disappointing economic report away from losing control of its currency devaluation, BK Asset Management's Boris Schlossberg said Friday.

China trying a policy twist to cut borrowing costs

BEIJING (Reuters) - China is looking for new ways to lower stubbornly high long-term borrowing costs and stop the fruits of its looser monetary policy being pumped into speculative plays instead of supporting its slowing economy, policy insiders say.

China says local government debt soars

BEIJING: China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.

China's yuan reform "brave", next targets-land, monopoly, tax: Xinhua

SHANGHAI: China's moves to liberalise its currency have been courageous given the economic risks, and next areas for reform include land policy, state-owned industries and taxation, the official Xinhua news service said in a commentary published on Sunday.

IMF Gets $456 Bln. Boost To Fight Crisis

(RTTNews.com) - The International Monetary Fund added $456 billion to its war chest as 12 more nations, including the BRICS, pledged new money to protect the global economy from the impact of the Eurozone debt crisis at the ongoing G20 meeting in Los Cabos, Mexico.

China acts to crank up credit as lending, economy slow

SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.