China is responding to President Trump’s latest trade moves with new tariffs on $16B worth of cars, oil. Yahoo Finance’s Alexis Christoforous, Dion Rabouin and Rick Newman dig into the implications. ( read original story…
Monthly Archives For August 2018
China exports accelerated in July despite rise in US tariffs
BEIJING – China’s exports to the United States surged last month as its merchants rushed to fill orders ahead of a jump in U.S. tariffs on Chinese goods. Its shipments to the United States climbed…
China’s Challenge Is America’s Opportunity
… trade spring partly from concerns that China gives tax breaks to its companies to boost their exports, restricts access to its markets, forces foreign companies to transfer their technology to Chi… ( read original…
China’s Belt and Road projects drive overseas debt fears
Some mismatches are baked in to the BRI’s design. A Financial Times study shows that the 78 countries selected by China to participate include many of the world’s most risky economies, according to OE… (…
China’s July exports accelerate despite US tariff hike
BEIJING — China’s exports to the United States rose by double digits in July, shrugging off President Donald Trump’s tariff hikes in a fight over technology policy. Sales to China’s biggest export mar… ( read…
China’s July exports rise more than expected despite U.S. tariffs
The United States and China implemented tariffs on $34billion worth of each other’s goods in July. Since then, Washington and Beijing have raised the stakes by threatening more punitive trade measures … ( read original…
China, Germany defend business with Iran in face of U.S. threats
BEIJING/BERLIN (Reuters) – China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic wo… ( read original story…
World stocks edge up amid corporate news, U.S.-China spat
BANGKOK — World stock markets mostly rose Wednesday as investors focused on corporate news and looked past the U.S. decision to follow through with plans to put higher tariffs on $16 billion in Chine… (…
World’s biggest IPO in 2 years shows China’s 5G ambitions
The state-owned firm is central to China’s ambitions to become a global leader in 5G technology, which will eventually be used to run self-driving cars, virtual reality and smart cities. China Tower i… ( read…
China Tower lists in Hong Kong with world’s biggest IPO this year
China Tower debuted on the Hong Kong stock exchange on Wednesday with an initial public offering (IPO) worth up to 53.4 billion Hong Kong dollars (around 6.9 billion U.S. dollars), reports Beijing Mor… ( read…
China Tower joins growing list of subdued Hong Kong IPO debuts
HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward the w… ( read original…
China’s Bytedance seeks to raise $3 billion at up to $75 billion valuation: sources
HONG KONG (Reuters) – Beijing Bytedance Technology Co, owner of China’s leading news aggregator Jinri Toutiao, aims to raise about $3 billion in its latest funding round that would see its valuation s… ( read…
Ford to launch new basic SUV as part of China revival effort
BEIJING (Reuters) – Ford Motor (F.N) said on Wednesday it will launch in China early next year a new “entry-level” sport utility vehicle developed jointly with a local partner, as the U.S. automaker a… (…
