China is considering forcing steel and aluminum producers to cut more output, banning coal in one of the country's top ports and shutting some fertilizer and drug plants as Beijing intensifies its war on smog, a draft policy document shows.
The United States is worried that China is retreating from pledges to open its economy to market forces as it tries to cope with a slowdown in growth, U.S. trade diplomat Chris Wilson told the World Trade Organization yesterday.
China's economic growth dipped below 7 % for the first time since the global financial crisis on Monday

China's money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data showed the

As stocks edged higher, the Euro hit an 11.5 year low against the dollar as the ECB prepared to lay out details of its QE stimulus plan.