They had to cave on #ZTE in order to get it,” Rubio said Friday on Twitter. “So chances that a #China controlled telecomm will not just stay in business, but do so here inside the U.S. sadly just went ... ( read original story ...)
Trump Blasts Fed, China and Europe for Putting U.S. Economy at a Disadvantage
WASHINGTON — President Trump accused China and the European Union on Friday of manipulating their currencies to gain a leg up in global trade and escalated his criticism of the Federal Reserve for rai... ( read original story ...)
Beijing Auto BJ90 Finally Ready For Production In China, With Mercedes Power
The Beijing Auto BJ90 SUV will finally see mass production. There has been some small-batch production before, but those cars were government-only. From September onward, the BJ90 will be for everyone ... ( read original story ...)
Trump heightens tariff threat in trade war with China
With trade tensions rising, so is the pushback from American business that fear potentially devastating consequences, not only from China but also from Europe, Canada and other countries in Asia. Trum... ( read original story ...)
China steps up regulations of $3 trillion bank wealth management products
BEIJING (Reuters) - China’s banking and insurance regulator on Friday released long-awaited draft rules to strengthen regulations of commercial bank wealth management businesses, the latest step by Be... ( read original story ...)
China’s yuan turns up, bounces off one-year lows as big state banks seen selling dollars
The People’s Bank of China lowered its yuan midpoint for the seventh straight trading day to 6.7671 per dollar on Friday, 605 pips or 0.9 percent weaker than the previous fix of 6.7066. The latest bou... ( read original story ...)
China’s money rates fall as c.bank boosts liquidity with eye on trade war
SHANGHAI, July 20 (Reuters) - China's primary money rates fell this week as the central bank pumped cash into the banking system, and as it prepared to soften small firms' financing burdens in an atte... ( read original story ...)
China to launch financial innovation schemes in Chongqing, Zhejiang
BEIJING (Reuters) - China financial regulators said on Friday it will launch pilots schemes on innovations around financial standards in the city of Chongqing and the province of Zhejiang. The schemes ... ( read original story ...)
Why Pet Brands need to prioritise the Chinese Market
With China’s huge online population of over 900 million users and 250 million e-shoppers an online sales infrastructure is everything when entering the market. It’s an advantage for brands to conquer ... ( read original story ...)
‘Hi, I’m a soybean’: In trade war, China deploys cartoon legume to reach U.S. farmers
BEIJING (Reuters) - In the tense trade war with the United States, China’s government has turned to an unlikely weapon: a cartoon bean. “Hi, everybody. I am a soybean. I may not look like much, but I’ ... ( read original story ...)