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The yuan versus the US dollar has substantially depreciated since August, and China still maintains a large trade surplus and its economic fundamentals are still sound, he said. The nation has stepped up monitoring of the currency market and there are no massive capital outflows...

Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to use their budget allocations, Reuters reported on Monday, quoting sources.

It wasn’t like USA markets were in flawless shape before China’s spooked them.

China hosted a spectacular display of its armed forces Thursday at the parade, which celebrated the 70th anniversary of Japan’s surrender in World War II, a war that cost tens of millions of Chinese lives.

As Russia’s economy stutters, buffeted by cheap oil and Western sanctions imposed over the Ukraine crisis, Putin is turning his attention to the country’s Far East region where he hopes Asian money can generate some much-needed prosperity.

The various ballistic missiles displayed by mainland China at a massive military parade commemorating the 70th anniversary of Japan’s World War II defeat fully demonstrated Beijing’s strategic ambitions, experts said Thursday. In his speech on the occasion, President...

Similar rallies were held across Japan, with around 25,000 gathering in a park in the western city of Osaka, according to the organizer.

South Korean President Park Geun-hye’s certification scores surged following the deal, that most South Korean mass media retailers held up for being come out on top for her emotional positioning resistant to the North.

Flaunting its strength under such circumstances will naturally intimidate neighboring countries, and China appears aware of that – which is why at the ceremony, Xi pledged to cut military personnel by 300,000 troops and repeatedly mentioned the importance of “peace”.

Against the backdrop of the largest military parade in modern China, President Xi Jinping announced a troop reduction of 300,000 and pledged peace, reports CBS News correspondent Seth Doane.

During the last week in August, the People’s Bank of China drew the attention of traders worldwide by cutting the benchmark lending rate 0.25 percentage point to 4.6%.

In announcing his statement, commemorating the 70th anniversary of the end of the war, Japanese Prime Minister Shinzo Abe said last month that the issue of whether or not Japan’s action constitutes “aggression” should be “left to discussions of...

The downdraft from China is rattling economies of its trade-reliant Asian neighbours and prompting many Western companies to reduce investments and look for ways to cut costs.

By skipping the event, Western leaders are attempting to signal their displeasure with what they see as Chinese aggression in the East and South China Seas.

Park plans to attend a massive military parade in Beijing next week as the neighboring country commemorates the “Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War”.