BEIJING (Reuters) – China and Japan on Friday pledged to forge closer ties as both countries stood together at an “historic turning point”, signing a broad range of agreements including a $30 billion … (…
Monthly Archives For October 2018
Canada will hold off on trade deal with China until its behaviour is ‘more reasonable,’ says ambassador
Canada’s ambassador to China says a trade pact with Canada likely won’t be reached until China caves on certain controversial policies. John McCallum says most of the work he is doing in Beijing right ……
China central bank affirms stable yuan, warns against speculators
BEIJING (Reuters) – China will be able keep its yuan currency basically stable due to the country’s healthy economic fundamentals and ample foreign exchange reserves, Pan Gongsheng, a vice governor at … ( read original…
Questioning of UBS financier in China rattles private banking
Asia’s fast-growing private banking sector has been shaken by the news that a UBS banker visiting China has been told by the authorities not to leave the country, casting a shadow over the opportunity ……
Bank of Canada: U.S.-China trade tension could have major impact
OTTAWA, Oct 24 (Reuters) – Increasing trade tensions between the U.S. and China, and tariffs imposed by both countries, could become an major drag on global economic growth, the Bank of Canada … ( read…
Japan Banks, China Investment to Set Up $1.8 Billion Trade Fund
(Bloomberg) — Japan’s biggest banks and brokerages agreed to set up a $1.8 billion fund with China’s state-run investment group to help companies enhance trade between the nations. The fund with Chin… ( read original…
STX Entertainment Abandons Hong Kong IPO Plans
“Through this (IPO) process we met with and received strong … Founded by Simonds, the company always had an eye on Greater China, both as a source of capital and as a marketplace and source…
Abe’s Beijing Visit Underscores Warming China-Japan Ties
BEIJING — Prime Minister Shinzo Abe has held a second meeting with his Chinese counterpart Li Keqiang during the first formal visit to Beijing by a Japanese leader in nearly seven years. In the Friday…
China’s Talk of ‘Two Unwaverings’ Reveals Private Sector Fears
This week, the debate has played out in action, as well as rhetoric. Bloomberg News reported Tuesday that the People’s Bank of China planned to earmark 10 billion yuan to provide credit support for de……
China Warns of Financial Asset Mismanagement After Initial Tally
(Bloomberg) — China’s finance ministry has warned the country’s state-owned financial assets need further protection from mismanagement, following the release of new data on the size of their balance … ( read original story …)
China’s $35 Trillion Problem: Managing Financial Assets Is Hard
(Bloomberg) — China’s finance ministry has warned the country’s state-owned financial assets need further protection from mismanagement, following the release of new data on the size of their balance … ( read original story …)
China calls Trump phone spying report ‘fake news,’ suggests he use Huawei
BEIJING — Taking a page from the U.S. president’s own playbook, China on Thursday denounced a U.S. newspaper report that it is listening to Donald Trump’s phone calls as “fake news,” and … ( read…
China and Japan should safeguard free trade, China’s Li urges
BEIJING (Reuters) – China and Japan should safeguard free trade and anchor global growth, Chinese Premier Li Keqiang said on Thursday, as Japan’s prime minister arrived in Beijing on a visit against a … (…
