Focus
People's Bank
China Looks to Real Estate Trusts to Prop Up Market
Real estate investment trusts, popular in the United States, may become China’s latest attempt to stave off a contraction in the property sector.
Yuan Exchange Rate Against US Dollar Plunges
The exchange rate of Chinese yuan (YUAN) against the US dollar has reached a four-and-a-half month low, affecting the Hong Kong financial market and reflecting an economic slowdown in China.
