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People wait outside a Bank of China branch in Beijing. (Photo- AFP)

China slashes rate, adds $7 bn to banking system to counter virus

People's Bank of China said it launched a 50-billion-yuan reverse repurchase operation and lowered seven-day reverse...

30 March 2020 12:29 PM IST

The bloc looked powerless on the biggest issue faced in Osaka the US-China trade war, which was hashed out in a bilateral meeting on the sidelines. (Photo: Representational)

China media says US 'destroying international order', after...

The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the world's...

6 Aug 2019 12:23 PM IST