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organisation > People's Bank of China
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Exploring the near and long-term political and societal risks arising from the current economic malaise.
A prominent reformer and a top female politician were excluded from seven-member politburo standing committee.
With little sign of improved economic fundamentals, rapid currency appreciation is a potentially dangerous development.
Cancellations by bank governor and finance minister come as two nations remain at odds over islands in East China Sea.
Stocks are down on a global scale as the euro sinks to a 12-year low against the yen and the Dow Jones falls by 1.1%.
People's Bank of China lowers key lending rates for the first time since 2008, in bid to advance financial reform.
Global markets drop sharply with investors nervous over political uncertainty in Greece and possible regional fallout.
China and to a lesser extent India are positioned to meet challenges resulting from the downturn in the world economy.
Currency expected to appreciate further next year as China ignores US pressure to devalue its currency.
To avoid eurozone troubles from spreading, the US Federal Reserve should intervene.
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