Despite a faltering renminbi, record high issuance and growing appetite around the world have reaffirmed the offshore yuan bond as a tempting investment.
China has seen slowing growth in local government debts since the middle of last year, an annual audit report showed on Tuesday.
China's National Audit Office (NAO) on Tuesday reported management loopholes and malpractice concerning receptions, vehicles and overseas trips.
As China's economy runs out of steam, small businesses could bring back vitality to the pursuit of growth.
China's central bank announced on Wednesday that it has allowed the China Foreign Exchange Trading System to carry out direct trading of the yuan against the sterling as an important move between the Chinese and British governments to facilitate bilateral trade.
The value of the Chinese currency renminbi, or the yuan, weakened 55 basis points to 6.1506 against the U.S. dollar in its central parity on Wednesday, ending its sharp three-day rise.
Ming Yong, a Chinese construction contractor, knows well the problems of not being able to use yuan in cross-border settlements.
The banks might have learned from last year's liquidity drought and relocated their lending resources more reasonably but the sharp decline in deposits will limit their lending.
Rural getaways have become a top choice for urbanites as they look to get away from city pressures.
The Shanghai free trade zone (FTZ) relaxed barriers to cross-border capital flow on Friday, giving banks and firms in the zone greater freedom in foreign exchange.
Superhero sequel "The Amazing Spider-Man 2" dominated China's box office by taking in 286 million yuan (45.9 million U.S. dollars), or some 60 percent of the domestic box office, from May 5 to 11, according to a report of China Film News.
PetroChina, China's top oil and gas producer, announced on Monday it will use part of its pipeline business to form a new company, which will then be sold as part of its mixed-ownership drive.
The Shanghai Stock Exchange on Tuesday issued draft rules on the Shanghai-Hong Kong stock connection to solicit public opinions.
China's Ministry of Finance (MOF) announced on Monday that it will sell treasury bonds worth of 28 billion yuan (4.55 billion U.S. dollars) in Hong Kong this year.
Industry insiders at the ongoing 2014 Beijing International Film Festival are calling for an end to the 3D craze in China to ensure sound development of the market.
Continued depreciation of the RMB yuan has made investors more cautious in credit checks of offshore yuan bond issuers as the fear of a market reaction has caused some Chinese companies to turn to dollar bonds to raise cash.
Trade between the Shanghai and Hong Kong bourses will be settled in the yuan, said the Chinese mainland security regulator on Friday.
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