The eight-month trade war between the world’s two largest economies has raised costs, roiled financial markets … top U.S. negotiators were going to China this weekend “to further the … ( read original story …)
Monthly Archives For March 2019
South Korean Banks Grow Little in China in 2018
… in China have initiated full-scale risk management processes with South Korean companies in China scaling down their business in the country. The Financial Supervisory Service announced on March … ( read original story …)
HK residents can open mainland banking accounts in HK
as a new service was launched by Bank of China (Hong Kong) (BOCHK) on Wednesday. As the development of the Guangdong-Hong Kong-Macao Greater Bay Area moves forward, regulatory approval has been … ( read original…
Xiaomi weathers China smartphone slowdown but growth worries hit shares
Xiaomi’s quarterly results – the third set since its IPO in Hong Kong – show the company is weathering fairly well a slowdown in demand in China by increasing its focus on international markets. Its…
Trump threatens to leave tariffs in place ‘for a substantial period’ to ensure China complies with any trade agreement
The stance could complicate U.S.-China trade talks set to resume next week, as Chinese officials have been pressing for a full lifting of U.S. tariffs as part of any deal, people familiar with the ……
Beijing’s top official in Hong Kong taunts Washington over Huawei executive’s arrest, calling it ‘world’s biggest advertisement’
Beijing’s top official in Hong Kong has taken a swipe at the United States, saying Canada’s arrest of Huawei’s chief financial officer last year at Washington’s request only boosted the tech giant’s … ( read…
China’s Citic finds Wall Street values hard to stomach at CLSA
But more than that, the friction between the two sides symbolises the way China has put the internationalisation of its financial system on hold. The departure of the trio — Tang Zhenyi, a former ……
China’s Belt and Road Initiative goes to Italy
Each week, we focus on one of the major international stories making headlines, drawing upon the Financial Times’s team of foreign correspondents and analysts to make sense of world events. Presented … ( read original…
Shanghai’s innovation board promises to be growth booster: China Daily editorial
China is preparing for the launch of a sci-tech innovation board in a bid to leverage financial reforms. [Photo/VCG] The Shanghai Stock Exchange started accepting listing applications for its new … ( read original story…
Trump says tariffs on China could stay to ensure compliance
WASHINGTON — President Donald Trump says if the U.S. gets a trade deal with China, tariffs could stay in place for some time to ensure Beijing “lives by the deal.” Trump said Wednesday the White…
Trump Says Tariffs Will Stay Until China Complies With Any Deal
(Bloomberg) — President Donald Trump said he’ll keep tariffs on China until he’s sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back … ( read…
U.S.-China Trade Talks to Resume
U.S. and China continue trade talks in hopes of a deal. Yahoo Finance’s Adam Shapiro, Julie Hyman, and Scott Gamm joins Univest Wealth Management Division CIO Timothy Chubb and Eurasia Group … ( read original…
Chinese AI start-up Megvii said to plan IPO in either Hong Kong or New York to raise up to US$800 million
The Beijing-based artificial intelligence start-up is still weighing … READ FULL ARTICLE A company spokesman declined to comment on its IPO plans. Chinese facial recognition start-up Megvii makes … ( read original story …)
