Pan Gongsheng, deputy governor of the People’s Bank of China (PBoC), clarified the institution’s stance at a forum in Beijing on Saturday (Dec. 8). He said that virtual forms of money had become an ac……
Monthly Archives For December 2018
China moving to slash tariffs on U.S. autos, as Trump tweet predicted
READ MORE: Trump claims victory as China designates fentanyl-likes substances as controlled. Will it help? The news would also be beneficial for Tesla that has been hit hard by increased tariffs … ( read original…
China reports fifth straight drop in monthly auto sales
BEIJING — China’s auto sales plunged in November as a painful contraction in the biggest global market deepened for a fifth month. An industry group, the China Association of Automobile Manufacturers … ( read original…
Trump’s trade war with China is causing CEOs to make one risky change
Fearing a prolonged trade battle with China — and a barrage of negative headlines and unknown retaliatory tariffs — numerous CEOs Yahoo Finance have talked with lately are moving quickly to get produc… ( read…
The Finance 202: China sends warning to U.S. businesses with iPhone ban
A Chinese court’s decision to ban the sale of older iPhones raises a nightmarish specter for American companies doing business in the country: They could find themselves exposed in the crossfire as tr… ( read…
Clouds loom over Tencent Music’s New York IPO
when a trade truce between Beijing and Washington resulted in a short-lived rally. The Nasdaq Composite Index slid roughly 6% during the same period. Tencent Music reportedly postponed its IPO … ( read original story…
Hong Kong IPOs to raise HK$100 billion less in 2019, says KPMG
Alibaba Group Holding-backed Babytree shrank its listing size by 70 per cent and Club Med owner Fosun Tourism Group reduced its IPO size by half. Alibaba owns the South China Morning Post. The city’s ……
China court bans sales of older iPhone models in Apple-Qualcomm global battle
In July, the same court banned the import of some microchips by Micron Technology Inc into China, citing violation of patents held by Taiwan’s United Microelectronics Corp (UMC) . In the provincial Ch… ( read…
China, US discuss plans for trade talks
BEIJING — China’s economy czar and U.S. trade envoys discussed plans … negotiate over American complaints about Beijing’s technology policy. The Huawei chief financial officer, Meng Wanzhou, was arr… ( read original story …)
Pharol SGPS (PTGCY) versus China Unicom (Hong Kong) (CHU) Head to Head Contrast
This table compares Pharol SGPS and China Unicom (Hong Kong)’s net margins, return on equity and return on assets. 1.1% of China Unicom (Hong Kong) shares are owned by institutional investors. 4.1% of … (…
China ruling could ban some Apple iPhones sales amid Qualcomm fight
The court that handed down the ruling in China’s Fujian province earlier this year banned the import of some of memory chip maker Micron Technology Inc’s chips into China. The provincial … ( read original…
China’s central bank skips reverse repo for 33 trading days
BEIJING – The People’s Bank of China, the central bank, on Tuesday skipped reverse repo for the 33th trading day, the longest stretch since early 2016, citing sufficient liquidity in the banking syste… ( read…
China, U.S. discuss road map for next stage of trade talks
China and the United States discussed a road map for the next stage of their trade talks on Tuesday, during a telephone call between Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and…
