(Reuters) – U.S. manufacturers are accelerating their shift out of China, coming to terms with a new reality: the Trump administration’s tariffs will not go away any time soon. President Donald Trump’ … ( read…
Monthly Archives For March 2019
Chasing China Theft, U.S. Uncovers Bonuses for Stolen Data
The IP Commission called China “the world’s principal IP infringer” that is “deeply committed to industrial policies that include maximizing the acquisition of foreign technology and information.” U.S … ( read original story …)
China’s envoy says Turkish Uighur criticism could hit economic ties
Turkey’s trade deficit with China alone stood at $17.8 billion last year, according to Trade Ministry data. In January, Turkey’s Finance Minister Berat Albayrak said it was “impossible” for Turkey to … ( read original…
China invokes SNC-Lavalin controversy to advocate for Huawei exec’s release
Canada is likely to announce on Friday that an extradition hearing against Meng Wanzhou, the telecommunication giant’s chief financial officer, can proceed, legal experts said, worsening already icy r… ( read original story …)
China Stealing U.S. Corporate IPs: Survey
one possible deal breaker has been China’s disregard of intellectual property protections and claims dating back years about rampant Chinese theft of corporate trade secrets. A new poll of American ex… ( read original story…
China is blocking World Bank report that calls for state-owned enterprise reform
BEIJING — China has delayed the publication of a report on its economy, written in conjunction with the World Bank, as it tries to tone down recommendations about reforming its state-owned enterprises … ( read…
China Defaults Put Focus on Key Gauge of Industrial Strains
The People’s Bank of China has said that a certain amount of defaults can help improve pricing in the country’s bond market, the world’s third-largest. Read more: Why China’s Bonds Are Defaulting at a ……
Ken Moritsugu Named to Lead AP’s News Coverage of China
BANGKOK — The Associated Press on Thursday named Ken Moritsugu, an accomplished reporter, editor and news leader with extensive experience in Asia, as its new Greater China News Director. From a base … ( read…
The close: TSX falls as disappointing results weigh on bank stocks
Canadian Imperial Bank of Commerce fell 2.7 per cent after the country … data showing better-than-expected U.S. economic growth in the fourth quarter helped offset worries over China. Gross domestic … ( read original story…
China central bank lends 26.55 bln yuan via standing lending facility in Feb
BEIJING , March 1 (Reuters) – China’s central bank extended 26.55 bln yuan ($3.96 bln) of loans to local financial institutions in February via its standing lending facility (SLF), it said on Friday. … (…
China outstanding MLF at 4.16 trln yuan at end-Feb
BEIJING, March 1 (Reuters) – China’s outstanding medium-term lending facility (MLF) was at 4,158 billion yuan ($620.4 billion) at end-February, compared with 4,541.5 billion yuan at end-January, the c… ( read original story …)
China determined to prevent, defuse financial risks: central bank
BEIJING, March 1 (Xinhua) — China is determined to forestall major financial risks amid stabilizing growth and advancing high-quality development, said a central bank official. Currently, China’s eco… ( read original story …)
China P2P lender Dianrong closing 60 stores, laying off 2,000 employees: source
SINGAPORE (Reuters) – Dianrong, one of China’s biggest peer-to-peer (P2P) lenders, is shutting down 60 of its 90 offline stores and laying off an estimated 2,000 employees, a source with direct … ( read original…
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