With a loan interest subsidy ratio of 1 percent, every 1 yuan (about 14 U.S. cents) of interest subsidy funds is likely to drive 100 yuan of loan funds to be used for residents' consumption or the ...

BEIJING, Aug. 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 25 pips to 7.1384 against the U.S. dollar Wednesday, according to the China Foreign ...

SYDNEY, Aug. 21 (Xinhua) -- An emergency search was underway for two men who were missing after the car they were traveling in plunged into a river northwest of Sydney late on Wednesday night.