Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad
Most markets in the Asia-Pacific rose on Friday, with a pledge of support from China's central bank for the property sector and local governments bolstering its key exchanges
The new governor of the People's Bank of China has been described by some as a hawkish and capable technocrat experienced in crisis management
Senior leaders' vow to bolster support for China's ailing economy lifted the yuan and stocks on local markets on Tuesday
Treasury Secretary Janet Yellen and the State Bank of Vietnam Governor announced the agreements in a statement as Yellen wrapped up a visit to Hanoi, amid a push to boost bilateral ties
India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions
The latest official data shows the economy grew just 0.8% from the previous quarter, on a seasonally adjusted basis; youth unemployment has hit a record 21.3%
MSCI's broadest index of Asia-Pacific shares outside Japan rallied 0.86% on Friday for its biggest weekly gain in eight months
Abrupt end to zero-Covid and lack of confidence in the economy and the yuan spurs rush to buy Hong Kong insurance, with policies leaping a staggering 2,686% to $9.6 billion in the first quarter
Insiders and analysts say Pan Gongsheng is known as a risk averse financial technocrat, who played a key role in crackdowns on perceived threats over the past decade
Major state banks have chopped dollar deposit rates for the second time in a month to prevent a prolonged slide in the yuan, which could discourage foreign investment and spur an outflow of funds
Sources claim two of India's three private refiners have settled some recent Russian oil import deals in Chinese yuan