Special Report:  Global Financial Crisis

China central bank pledges "ample" liquidity to sustain growth

    BEIJING, May 6 (Xinhua) -- China's central bank said Wednesday the economy is doing "better than expected" in the first quarter, and pledged to maintain "ample" liquidity in the financial system for economic recovery.

    China would stick to its moderately easy monetary policy and ensure "ample" liquidity at banks, the People's Bank of China (PBoC) said in its quarterly monetary policy report posted on its website. Full story

Senior Chinese official urges proper implementation of stimulus packages

    BEIJING, May 6 (Xinhua) -- The Communist Party of China's top discipline supervisor He Guoqiang has urged stepped-up supervision of projects falling into the government's economic stimulus package.

    He, secretary of the CPC Central Commission for Discipline Inspection, made the remark during a two-day meeting from May 5 to 6 here. Full story