Page 12 of China Economy

China’s top bank regulator says bad loans surge, profit growth slows in cooling economy

Bad loans at Chinese banks rose 35.7 percent during the first half of 2015 as economic growth remained sluggish and…

August 6, 2015 12:53 IST

IMF signals delay on adding China to currency basket

The staff of the International Monetary Fund (IMF) is recommending that China wait until at least October 2016 to join…

August 6, 2015 12:09 IST

How smuggled workers power ‘Made in China’

On a quiet river bend on the China-Vietnam border, a group of people clambered up a muddy bank. They had…

August 6, 2015 08:53 IST

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Big immigration update: H-1B lottery scrapped, selection to now be wage-weighted

Business25 min ago

For years, getting an H-1B visa has come down to luck. A computer lottery decided who got in and who didn’t, no matter the skill, salary, or seniority of the worker. Now, that system is on its way out. The US government has proposed a new rule that changes how H-1B visas will be selected.

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