| Abstract: | China drains excess liquidity out of the market by further hiking the reserve requirement ratio.China offloads its holdings of U.S.Treasury securities for the fifth consecutive month in a bid to diversify its foreign exchange reserves.Home prices remain on the rise in most Chinese cities,though the government has tried to cool the property fever.China's thermal power generators incur painful losses as coal prices soar.E-reader manufacturer Hanvon swims in red ink as sales plunge,possibly due to the iPad's p... |
