WASHINGTON — U.S. President Donald Trump said Friday that trade talks between China and the U.S. were continuing in a “very congenial manner” despite new tariffs the U.S. imposed Friday on $200 … ( read…
Monthly Archives For May 2019
China Unicom may list internet of things unit, chairman says
HONG KONG (Nikkei Markets) — Wireless carrier China Unicom is considering a potential listing of its connected devices unit China Unicom Smart Connection Technology after receiving investment … ( read original story …)
What’s moving markets today: Uber IPO and tariffs
Beijing expressed “deep regret over the development” and reiterated … Lyft is now trading about 25% below its IPO price because of concerns about how much money it is losing, competition with Uber … (…
The latest: Trump says China trade talks ‘very congenial’
BEIJING — The latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 8:00 p.m. U.S. President Donald Trump says trade talks … (…
China Urges U.S. to Respect Market Economy After China Mobile Denied Entry
WASHINGTON/HONG KONG — China urged Washington on Friday to stop putting “unreasonable pressure” on Chinese companies after U.S. regulators voted to deny market access to China Mobile Ltd and suggested … ( read original story…
Burned before, U.S. pushes for way to enforce China trade deal
Business groups, disappointed that China didn’t fully open up to foreign competition after joining the World Trade Organization in 2001, are pressuring the administration to hold out for a deal that … ( read original…
China will impose ‘necessary countermeasures’ as higher U.S. tariffs start Friday
The latest U.S. increase might hit American consumers harder, said Jake Parker, vice president of the U.S.-China Business Council, an industry group. He said the earlier 10 percent increase was … ( read original story…
Trump doubles tariffs on $200 billion of Chinese imports, escalating U.S.-China trade war
China is the second-largest export market for U.S.-built vehicles … I happen to think that tariffs for our country are very valuable,” Trump said. Many business leaders, who support the president’s … ( read original…
U.S. hikes tariffs on Chinese goods, Beijing vows retaliation
BEIJING — President Donald Trump’s latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade … ( read original story…
China, Defiant but Careful, Promises Aggressive Response to Tariffs
That’s just how it is.” At the beginning of the year, China’s position was more defensive. Its economic growth slowed in the second half of last year, in part because tariffs hurt business confidence. ……
Escalation in Trump tariffs looms over US-China trade talks
China’s exports fell unexpectedly in April, adding to pressure on Beijing ahead of negotiations on ending a tariff war with Washington over Chinese technology ambitions. (Chinatopix Via AP) Two barges … ( read original story…
China banks’ first-quarter bad loan ratio largely unchanged at 1.8%: regulator
The amount of NPLs at commercial banks rose to 2.16 trillion yuan ($317.66 billion) at the end of March, up 95.7 billion yuan from the start of the year, Liu Zhiqing, deputy head of the…
More U.S.-China trade talks, Uber’s IPO, Durant’s injury: 5 things you need to know Friday
Beijing said it would retaliate … its debut on the New York Stock Exchange on Friday with its highly anticipated initial public offering (IPO). Ride sharing is unquestionably a growth industry: The … ( read…
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