RMB Exchange Rate in 2015

SINGAPORE'S Ministry of Trade and Industry (MTI) announced on Tuesday that the Singapore economy grew by 1.8 per cent on a year-on-year basis in the second quarter, slower than the 2.8 per cent growth in the previous quarter.

The International Monetary Fund said the yuan trails its global counterparts in major benchmarks and that "significant work" in analyzing data is needed before deciding whether to grant the Chinese currency reserve status.

Chinese President Xi Jinping on Sunday said he hoped foreign entrepreneurs would boost contact and cooperation with Chinese firms and initiatives for win-win results.

China's economy will grow 7.2 percent in 2015 and 7.0 percent in 2016, the Asian Development Bank (ADB) predicted in a report published on Mar 24th.

China's economy faces increased downward pressure this year but the slowdown is stabilizing, with employment and services among the bright spots, Vice Premier Zhang Gaoli said on Mar 22, 2015.

Exports surged 48.9 percent in February from a year earlier, reversing the 3.2-percent decline in January. However, imports plunged by 20.1 percent, accelerating from the previous month's 19.7-percent fall, according to data from the General Administration of ...

Commerce Minister Gao Hucheng said on Mar 7th that China is confident of managing 6.1 percent of trade growth this year, even though both international and domestic market demand remain soft.