Dong Tao

According to a survey of economists conducted by CNNMoney, the Chinese yuan could fall another 2.8 percent – versus the U.S. dollar – by the end of the year. The currency is already down 2.6 percent since the beginning of 2015. Economists are worried this could impact other Asian...

In a sign that the world economy has yet to find its footing, China, the world's second largest economy, reported that output slowed in the second quarter. However, other key economic indicators including industrial production and fixed asset investment dropped faster than expected and inflation...

China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...

SHIBOR has now become a commonplace phrase among investors. The acronym for the Shanghai Interbank Offered Rate, the equivalent of Libor for Chinese banks or the rate at which banks will lend to each other, has risen sharply over the past week and poses a severe threat to the economy. However, the...

China's economy looks set to continue to slow to growth rates not seen in decades this year as the manufacturing sector continues to contract and the government refuses to help the struggling financial sector. Overnight, lending rates rose above 10 percent Thursday in a sign that the entire...