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Foreign properties attract eyes of wealthy Beijingers

The Beijing elite is turning its gaze toward the overseas property markets, attracted by relatively cheap prices, permanent ownership and educational opportunities for its children. Sixty international property projects were…

Chinese Central Bank Sees European Debt Crisis Threat to Global Recovery

Europe’s debt crisis is a threat to the global economic recovery and sovereign risks in some countries could still emerge, China’s central bank said today. Concerns about European government debt…

China to keep yuan “basically stable,” gov’t report

China will keep the exchange rate of its currency yuan “basically stable” at an “appropriate and balanced” level, according to a government work report to be delivered by Premier Wen…

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