Chinese President Hu Jintao said on Sunday significant uncertainties remain about a global economic recovery and warned that trade protectionism had “risen notably”. Reuters
China – the country may consider a series of measures aimed at preventing “hot money” from hitting its shores. Ma Delun, a deputy governor of central bank the People’s Bank of China (PBOC) said such a policy kit would include reserve requirement adjustment, management of foreign exchange positions, and open market operations – Reuters
China’s four biggest state banks have used up their full-year credit quotas for property developers and will stop extending new loans to them for the rest of the year – Reuters
China will take a step forward in its competition w/Boeing and Airbus this week when it shows off a full-body mockup of a new single aisle plane it hopes to have in production by ’16. LA Times.
