At a news conference with Li on Monday, Mahathir said he appreciated China’s understanding of Malaysia’s need to deal with its “internal fiscal problems,” but also hinted at the threat of Chinese econ… ( read…
Monthly Archives For August 2018
Taiwan loses another diplomatic ally as El Salvador switches to Beijing
Taiwan has lost another diplomatic ally to China, its third in a matter of months, after El Salvador announced it would sever ties with the island and switch its allegiance to Beijing. Load Error The…
U.S. businesses beg Trump team for relief from tariffs as trade war with China rolls on
China has retaliated with tariffs on an equivalent amount of … “The chances of a deal soon are still quite small,” said Scott Kennedy, director of the project on Chinese business and the economy at…
Taiwan says China ‘out of control’ as it loses El Salvador to Beijing
TAIPEI/BEIJING (Reuters) – Taiwan vowed on Tuesday to fight China’s “increasingly out of control” behavior after Taipei lost another ally to Beijing when El Salvador became the third country to switch … ( read original…
China to launch national probe into policy implementation: media
SHANGHAI (Reuters) – China will conduct a series of “targeted inspections” this year in a bid to ensure that central government policies are being properly implemented at the local level, state news a… ( read…
China’s biggest risk may be its property market — not the trade war
Property is the biggest risk in the next 12 months, much greater than the trade war, according to Larry Hu, head of greater China economics at Macquarie. Last week, Nanjing, a tier two city, announced…
China banks set for modest profit growth as bad loan outlook under cloud
By the end of the June quarter, the non-performing loan ratio for the banking sector reached 1.86 percent, data from the China Insurance and Banking Regulatory Commission shows. This was the highest s… ( read…
Businesses beg for tariff relief as trade war with China rolls on
China has retaliated against an equivalent amount of U.S. goods … “The chances of a deal soon are still quite small,” said Scott Kennedy, director of the project on Chinese business and the economy ……
China hoping to secure free-trade agreement with Canada amid rising tensions with U.S.
China’s ambassador to Canada said Monday he hopes to make progress on a free-trade agreement with Canada and others amid his country’s rising trade tensions with the United States. “On the background … ( read…
China says it’s ‘always ready’ to restart free trade talks with Canada
China’s envoy in Ottawa says free trade talks between Canada and China have stalled partly due to Canada’s focus on renegotiating the North American Free Trade Agreement. “It is true now that the FTA ……
Apple wipes thousands of gambling apps after China backlash
Government-controlled media including China Central Television attacked Apple this month for hosting illegal and fake lottery-ticket apps, which they said resulted in massive losses for hoodwinked use… ( read original story …)
Mahathir says China will sympathise with Malaysia’s problems
BEIJING (Reuters) – Malaysian Prime Minister Mahathir Mohamad said on Monday he believed China would sympathise with his country’s “internal fiscal problems” as he seeks to renegotiate, or possibly ca… ( read original story …)
China defies U.S. pressure as EU parts ways with Iranian oil
China, which has cut imports of U.S. crude amid a trade war … which included cutting off Iran and any businesses that trade with it from the U.S. financial system, went into effect on Aug.…
