For years, China reportedly depended heavily on labour-intensive industries such as garments, furniture and household goods, ...
China owes a lot to foreign investment. Long before Foxconn started making iPhones for Apple, manufacturers from Hong Kong tiptoed across the border to Guangdong in search of cheap labour. In 1982 ...
The Chosun Ilbo on MSN
Yuan's strength steadies won-yuan exchange rate
The Chinese yuan has been steadily gaining value amid the Middle East crisis. Analysts attribute this to the Chinese ...
Nearly 25% of Chinese firms report FX losses as the yuan strengthens roughly 6% against the dollar, complicating Beijing's ...
The yuan was largely flat against the dollar on Wednesday, though it's value struck a near six-year high on an index of currencies belonging to China's major trading partners. SHANGHAI, Nov 24 ...
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