Dai, who headed the People’s Bank of China (PBOC) from 1995-2002, said the current yuan depreciation was a short-term market reaction to the U.S.-China trade war. China is able to keep its stock … (…
Monthly Archives For May 2019
Tesla prices China-made Model 3 at 328,000 yuan as China plan accelerates
BEIJING (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world ……
U.S. mine aims to loosen China’s grip on rare earth materials
All the talk of China’s grip on rare earth minerals is starting to resemble 2010: Beijing’s threats to weaponize its stronghold on these 17 metals, the global panic over a potential shortage, even the ……
Why billionaire John Paul DeJoria doesn’t see a prolonged U.S.-China trade war
not that good for the United States — it’s even worse for China — and I think it’s going to be over within a relatively short period of time,” he told Yahoo Finance. The trade…
U.S. Fighter Jets and Missiles Are in China’s Rare-Earth Firing Line
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China’s grip on the global market for rare-earth metals gives it the ability to…
Portugal becomes the first euro zone country to issue debt on China’s market
Portugal’s Finance Minister Mario Centeno told CNBC that the issuance is a “positive step in managing Portugal’s external debt in the medium term.” Portugal has become the first ever euro zone country … ( read…
China’s debt ratio hits record high as efforts to offset US trade war mean ‘there is no such thing as a free lunch’
China’s efforts to offset the affects of the trade war with … This was the highest since the data series began in 1993, according to a joint report by the National Institution for Finance and…
Trudeau, Pence talk trade, China, abortion in final push to ratify new NAFTA
“Our relationship with China, both economic and strategic … When asked Thursday about the state of the cross-border relationship, Trudeau’s finance chief Bill Morneau told a business audience that … ( read original story …)
Abortion, China, new NAFTA mark meeting between Trudeau and Pence
“Our relationship with China, both economic and strategic … about the state of the cross-border relationship, Trudeau’s finance chief Bill Morneau told a business audience that there are … ( read original story …)
If China Really Wants to Retaliate, It Will Target Apple
It’s vital to recognize that many people in China view the aggressive US measures on trade and intellectual property protections as designed to prevent China from rising further. The multipronged … ( read original story…
Pence, Trudeau to discuss Huawei, China trade issues in Ottawa: official
Pence, known for taking a hard line against China, will travel to the Canadian … when the company’s Chief Financial Officer Meng Wangzhou was arrested on a U.S. warrant. She faces extradition … ( read…
BRP reports stronger-than-expected profit and sales for latest quarter, boosts financial guidance
BRP raised its financial forecast for the year and now expects to post … warned earlier this month that plans by the U.S. government to hike tariffs on China would have major implications for the…
CIFTIS opens a new door for China’s service trade
The CIFTIS, which was before named China (Beijing) International Fair for Trade in Services, has a new name this year, and meanwhile combines several other well-known exhibitions. The CIFTIS was … ( read original story…