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CSRC launches probe of Yongcheng Coal and auditor for default

China's top securities regulator started an investigation into Yongcheng Coal and Electricity Holding Group Co. Ltd. and its auditor for possible violation related to a

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PBOC: China very likely to achieve positive growth in 2020

It will be a "high-probable event" for China to achieve positive economic growth in 2020, the central bank said on Thursday.The People's Bank of China (PBOC) said that

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China regulator vows 'zero tolerance' on bond defaults

Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing. /ReutersChina has vowed to crack down on misconduct after recent bond defa