BEIJING — China promised Wednesday to carry out a tariff cease-fire with Washington but gave no details that might help dispel confusion about what Presidents Xi Jinping and Donald Trump agreed to in … (…
Monthly Archives For December 2018
Exclusive: China’s Unipec to buy U.S. crude oil after Xi-Trump trade truce
BEIJING/SINGAPORE (Reuters) – Chinese oil trader Unipec plans to resume U.S. crude shipments to China by March after the Xi-Trump deal at the G20 meeting reduced the risk of tariffs being imposed … ( read…
The Race Is On to Protect Data From the Next Leap in Computers. And China Has the Lead.
SAN FRANCISCO — The world’s leading technology companies, from Google to Alibaba in China, are racing to build the first quantum computer, a machine that would be far more powerful than today’s comput… ( read…
China Minsheng Financial targets $1bn ‘blank cheque’ fund
China Minsheng Financial is raising a $1bn fund with the aim of cashing in on the boom in “blank cheque” initial public offerings on stock exchanges in New York and London. CM Financial’s fund will…
Beijing to offer financial help to companies that keep staff on payrolls
BEIJING (Reuters) – China’s state council, the cabinet, on Wednesday said that the government will offer financial help to struggling companies that keep staff on payrolls in a time of increasing econ… ( read original…
US-China trade war: Washington lawmakers welcome Donald Trump-Xi Jinping talks on tariff
China now has 90 days to work with the US to strike a deal … We’re looking at external commercial borrowing, bond market for funds, says CEO of PTC India Financial Services ( read original…
Beijing moves to cement influence over world’s financial markets
The shift in focus from direct investment into factories and offices towards portfolio flows into stocks and bonds reveals much about how China is changing — and how it is starting to exert greater in……
China to provide multiple bailout packages to help Pakistan ‘overcome its financial crunch’
The growing strategic partnership between China and Pakistan has been one of the defining stories of past few years, especially after the Pakistan-U.S. ‘marriage of convenience’ ended in an acrimoniou… ( read original story …)
Martin Bauer Group Doubles Tea Extract Manufacturing Capacity in Hangzhou, China
SECAUCUS, N.J. — Martin Bauer Group, a global leader in tea and botanical ingredients, recently opened its expanded tea extract manufacturing facility in Hangzhou, China. The site is located in … ( read original story…
Targeted financial products a blessing for newlyweds
… to China Daily] For low and middle-income young couples in China, getting married can cost a considerable sum of money, and so “wedding loans” can be a blessing for them. The financial products, i……
India catches up with China, records 2nd highest fintech adoption rate: Here’s all you need to know
The country now has the second highest fintech adoption rate of 52%, only behind China’s 69%, which also throws a huge opportunity for India to not only make best out of financial services sector but…
China confident it can clinch U.S. trade pact as Trump demands ‘real deal’
SHANGHAI (Reuters) – China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that he would revert to more … ( read…
What Is Intellectual Property… and Does China Steal It?
U.S. President Donald Trump’s justification for imposing tariffs on imports from China includes the alleged theft of American intellectual property. Such violations — from counterfeiting famous brand… ( read original story …)