WASHINGTON/BEIJING (Reuters) – China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent countermeasures…
Monthly Archives For April 2018
China will actively resolve shadow banking risks: central bank
BEIJING (Reuters) – China will actively resolve shadow banking risks and prudently tackle risks associated with financial institutions, the central bank said on Wednesday. China will effectively control the macro leverage ratio and credit risks…
China’s Financial Opening Isn’t Quite What It Seems
Although trade tensions between the U.S. and China show no signs of abating, there are some reasons for cautious optimism. One is that the Americans have finally gotten around to giving the Chinese a concrete…
China, Spotify, Fake News: Your Wednesday Briefing
President Trump made the pledge on his third day of railing about America’s “weak” border laws, stirred by Fox News’s alarmist coverage of a caravan of migrants slowly heading north through Mexico. Our reporters note:…
US-China tariffs represent a ‘slap-fight,’ not a trade war… for now
First, the United States imposed a tax on Chinese steel and aluminum. Then, China counterpunched Monday with tariffs on a host of U.S. products, including apples, pork and ginseng. On Wall Street, the stock market…
US-China trade row a potential blow to the IPO ambitions of Hong Kong and Chinese markets
An escalating US-China trade dispute could be bad news for the initial public share offering ambitions of Hong Kong and mainland Chinese exchanges as companies would be less willing to consider a listing if the…
China cites Deutsche Bank report to dispute US trade deficit numbers
There are several factors which weigh against China in its trade with the US, and the US tends to ignore these, Global Times said. NEW DELHI: Vowing to reduce trade deficit of the US with…
China Tells N. Korea Official Beijing Supports Its US Summit
BEIJING — Senior Chinese diplomat Wang Yi has told North Korea’s foreign minister that Beijing supports the North’s planned summits with South Korea and the United States. The Foreign Ministry cited Wang, China’s state councilor…
N. Korea foreign minister meets counterpart in Beijing
North Korea’s foreign minister held talks with his Chinese counterpart in Beijing on Tuesday, a week after Pyongyang’s leader Kim Jong Un made a surprise trip to China before planned summits with the US and…
Shadow banking warning highlights China’s ‘debt time bomb’
(MENAFN – Asia Times) Financial Stability Board reveals that US$7 trillion of the world’s riskier non-bank loans are held in China forcing Beijing to act By Gordon Watts April 3, 2018 2:35 PM (UTC+8) >…
Vietnam’s state-owned oil company makes rare statement that South China Sea tensions will hurt business
Tension in the South China Sea will hurt PetroVietnam’s offshore exploration and exploitation activities this year, the state-run oil and gas group said on Tuesday. Vietnam and China have been embroiled in maritime disputes in…
N. Korea foreign minister visits Beijing to meet counterpart
North Korea’s foreign minister arrived in Beijing Tuesday for talks with his counterpart, a week after Pyongyang’s leader Kim Jong Un made a surprise trip to China before planned summits with the US and South…
North Korean leader was in delegation visiting Beijing: source
BEIJING/SEOUL (Reuters) – North Korean leader Kim Jong Un was part of a secretive delegation that arrived in Beijing by train on Monday and left on Tuesday, according to a source familiar with the matter…