Central bank to improve liquidity management in order to let money better serve the real economy and support economic growth

As China seeks to distance itself from North Korea and its mercurial boy leader, its relationship with South Korea is set to change dramatically. This will become even clearer at the end of the month, when South Korea’s new president, Park Geun-hye, visits Beijing to meet China’s new president, Xi Jinping.

Tough language in Xinhua editorial comes after the latest wave of accusations against Washington over cyber surveillance by Edward Snowden