It said that even without formal diplomatic ties, China was already its second largest supplier of imported products. Presidential legal adviser Flavio Dario Espinal told a news conference that the government was grateful to Taiwan.…
Monthly Archives For May 2018
Taiwan says China dangled $3 billion to grab ally Dominican Republic
as the Holy See and China edge closer to an accord on the appointment of bishops in China. The news on the Dominican Republic switch, announced in both Beijing and Santo Domingo, drew strong and…
China snatches Dominican Republic from Taiwan in diplomatic blow
a self-governed and democratic island off China’s southeastern coast, that Beijing considers an integral part of its territory. Taipei reacted angrily to the news, which left the island with 19 diplomatic allies around the world…
China securities regulator imposes fines for false accounting, stock manipulation: Xinhua
BEIJING (Reuters) – China’s top securities regulator has fined one firm for illegal disclosure of information, as well as some individuals for market manipulation in cases involving over 70 million yuan ($11.05 million), state news…
How do US-China trade talks affect the rest of the world?
US Treasury Secretary Steve Mnuchin is heading to Beijing to talk trade with China. This comes after both sides imposed tariffs on each others’ goods (although they have yet to be implemented). But a trade…
White House delays tariffs on EU, Canada, Mexico ahead of tense China talks
China, Japan and Russia haven’t received exemptions from the duties. That will likely reduce steel shipments from those countries over time. Commerce Secretary Wilbur Ross said late Friday that quotas on imports from Europe and…
Shares higher in Asia after reassuring manufacturing data for China
Shares were higher in Hong Kong, Australia and South Korea on Monday following the release of reassuring manufacturing data for China, though a number of Asian markets are closed for holidays. A monthly purchasing managers…
Japan brands’ EVs for China appear strikingly familiar
BEIJING — If the first wave of Japan-brand electric vehicles for China looks familiar, it should. Toyota, Nissan and Honda are simply rolling out EV versions of existing nameplates. Toyota Motor Corp. will launch two…
China Is Set to Take a Hard Line on Trump’s Trade Demands
BEIJING — Staking an assertive negotiating stance, China says it will refuse to discuss President Trump’s two toughest trade demands when American officials arrive in Beijing this week, potentially derailing the high-level talks. The Chinese…
Oversea Chinese Banking : China Factory Activity Slows Slightly in April — Update
BEIJING–China’s factory activity slowed a tick in April due … an economist with Oversea-Chinese Banking Corp. “Chinese companies are having a much harder time this year than last year, as borrowing costs have risen a…
Pitch Behind T-Mobile-Sprint Merger: Keep Up With China in 5G
By joining forces, the two mobile carriers said, they would help ensure that American companies remain world leaders in the coming era of fifth-generation wireless technology, or 5G. The implication: Failure to keep up in…
Xiaomi’s blockbuster IPO risks leaving Hong Kong’s financial system with a cash crunch
The city’s red-hot IPO market usually sees offerings oversubscribed — sometimes by hundreds of times — as investors borrow heavily to place orders. For clues on how this may play out, consider that China Literature’s…
Coming To America – China IPO’s
Despite the political rhetoric, Chinese companies are still looking to IPO in the United States. YY Inc.’s eSports streaming unit Huya going public. Baidu’s iQiyi now a public company. Anime streaming company Bilibili going public.…