China's exports fell 25.4 percent on-year in February, while imports declined 13.8 percent, clocking far bigger slides than expected by analysts.

China’s stock market turmoil has caused pundits to conclude that China’s economy won’t face a soft landing. Yet the macroeconomic fundamentals of the Chinese economy continue to be auspicious.

China's finance minister says Beijing is expanding deficit spending to prevent a slide in growth and support its efforts to overhaul its cooling economy.

China’s leaders made clear they are emphasizing growth over restructuring this year, but suggested they are trying to avoid inflating debt or asset bubbles as they send massive amounts of money coursing through the economy.

China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening global trade.

Chinese leaders are expected to cut their growth target to allow more flexibility in overhauling their slowing, state-dominated economy when their legislature meets this week. But they are unlikely to unveil significant new reforms.

Commitments by China and other major economies over the weekend have lowered the threat of currency depreciations that could fuel global market turmoil, U.S. Treasury Secretary Jacob Lew said Tuesday.

China's premier told visiting U.S. Treasury Secretary Jacob Lew on Monday his government is pressing ahead with painful reforms to shrink bloated coal and steel industries that are a drag on its slowing economy and ruled out devaluing its currency as a short-cut to boosting exports.

China’s transition to a more innovative, consumer-driven economy is well underway. While volatility is likely to persist, smart use of state resources, together with sure-footed reforms and increased transparency in decision-making should help China achieve moderate yet sustainable long-term growth.

A vice governor of China’s central bank said the authorities have full confidence in yuan’s fundamentals and the nation’s capital outflows will slow down, reiterating recent rhetoric to soothe market concerns about the domestic currency.