Outside a securities firm in Tokyo, Japan. China’s capital controls are a sharp reversal of its market liberalising rhetoric. Photographer: Kiyoshi Ota/Bloomberg

China has tightened its capital controls, in a sharp reversal of its market liberalising rhetoric, as it struggles to contain the fallout from last mo(...)

Foreign currency exchange booth in Hong Kong:  the surprise devaluation of the Chinese yuan this week unsettled global financial markets. Photograph: Philippe Lopez/AFP/Getty Images

The last few weeks, with heavy Chinese government intervention in the stock market and now in the currency markets, have offered a lesson in how th(...)

Traders work on the floor of the New York Stock Exchange (NYSE) at the start of the trading day in New York. Photograph: Andrew Gombert/EPA

European shares rallied on Thursday after China’s central bank said there was no basis for further yuan depreciation after a devaluation this week tha(...)

There were strong noises on reform from China’s premier Li Keqiang last week, when he said the government would simplify bureaucracy to encoura(...)