WASHINGTON — The Trump administration said on Friday that it would move ahead with imposing tariffs on $50 billion of Chinese products, drawing a vow of retaliation from Beijing and escalating a trade war between…
Monthly Archives For June 2018
Trump administration slaps tariffs on $50B US of China imports
China has said that it will retaliate with $50 billion US in tariffs in response, rattling financial markets. Trump has vowed to fulfil his campaign pledge to crack down on what he contends are China’s…
As Markets Open, China Volatility A Possibility In Regional Markets
For example, consider how the two markets reacted to the same news about China Unicom, a leading telecom group. On October 18, 2016, China Unicom warned that its annual earnings would drop sharply, although top-line…
Company Names Tribunal decision: China Unicom Limited
Applicant China Unicom (Europe) Operations Limited objected to the name used by China Unicom Limited under the Companies Act 2006. This decision was undefended. ‘Undefended’ refers to decisions where there has been no defence in…
Why China’s central bank is taking a different path from the Fed on interest rates
China’s national aggregate finance, the broadest measure of credit, plunged to 760.8 billion yuan (US$118.9 billion) in May, almost half the level in April, as Beijing continued to target shadow banking activities. Liang Hong, chief…
China vows action against ‘blind’ electric vehicle growth
China is aggressively pushing the new energy vehicle (NEV … “At present, new energy vehicle technology is improving very quickly, and the scale of the market is gradually expanding, but there are also indications of…
China scores in Latin America
Last week it was China’s expanding financial presence in Latin America that raised eyebrows. Argentina’s central bank said it was negotiating a $5bn swap line with the People’s Bank of China, alongside its $50bn bailout…
Ford’s China struggle continues as May vehicle sales slump 29 percent
BEIJING (Reuters) – Ford Motor Co’s (:F – News) struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S.…
China in control as industry enters new era
That is still far below the 814 vehicles per 1,000 people in the U.S. VW, GM influenced China is the biggest market for several manufacturers, including Volkswagen and General Motors. Others, including Nissan, expect China…
China warns of retaliation if US follows through on latest tariffs threat
In a joint news conference Thursday evening in Beijing, Chinese Foreign Minister Wang Yi said China and the United States have two options before them: one is “cooperation” and a “win-win” scenario and the other…
Chinese Brands Shine at Russia World Cup
As FIFA 2018 World Cup has kicked start, Chinese football fans in Moscow may be thrilled to see the presence of familiar Chinese brands like Wanda, Hisense, Vivo and Mengniu, despite China has suffered early…
China regulator tells market players to be ‘responsible’ in IPO pricing -paper
SHANGHAI, June 15 (Reuters) – Valuations of “new economy” initial public offerings in Hong Kong are ringing alarm bells in China, with the securities regulator urging institutions to be “responsible” and professional in the book-building…
China promises fast response as Trump readies tariffs
While China has in recent months made incremental market-opening reforms in industries for which critics in the foreign business community say they were already planned, it has shown no inclination to yield on its core…
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