Emerging Markets

China Unveils Economic Blueprint For 2016

China’s top leadership, which is preparing to launch the 13th Five-Year Plan (2016-20), on Monday announced an overarching strategy to lead the economy’s ongoing transition.

Yuan Falls As Rate Set At Lowest Since 2011

The yuan Thursday weakened for the 10th day against the US dollar as China’s central bank set the official reference rate at the lowest since 2011 following the US interest rate hike.