Overseas investors have been fleeing China stocks at a record pace. The central bank set the yuan fixing at 6.7912 per dollar, stronger than forecast by analysts and traders surveyed by Bloomberg. … ( read…
Monthly Archives For May 2019
China’s central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage points
SHANGHAI (Reuters) – Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China’s growth by 0.3 percentage points but the strengthening economy has become more resilient … ( read original…
US tariffs could cut China’s GDP growth by 0.3 percentage points, says Chinese central bank advisor
Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China’s growth by 0.3 percentage points, a Chinese central bank advisor said on Friday. “China’s real economy performance … ( read…
U.S. and China arrive at moment of reckoning in trade dispute
The United States and China hurtled toward a defining moment in their four-decade-old relationship on Thursday, with financial markets bracing for the outcome of unusually dramatic trade talks in … ( read original story …)
What Canada must learn from China’s canola war
There is a lesson for Canada in this. The promise of China profits entranced many, and the canola business seized upon the opportunity better than most. The risk of becoming the target for a ……
First day of U.S.-China trade talks end; Trump’s tariff hike set to take effect
Tension between Washington and Beijing has risen after a major setback in negotiations last week when China revised a draft deal and weakened commitments to meet U.S. demands for trade reform. … ( read original…
Op-Ed: China’s bond defaults looking grim
This is a far less regulated banking system, which China has been trying to bring under control with varying levels of success. The shadow banking system lends vast amounts of money, and China has ……
What’s the U.S.-China trade war all about?
Another major beef the Americans have with China is over so-called forced technology transfer policies. The rules dictate that foreign companies looking to enter the Chinese marketplace must share … ( read original story …)
North American stocks drift as U.S.-China trade war escalation looms
TORONTO – North American markets drifted up and down again Thursday with every presidential tweet and comment ahead of a possible escalation in the U.S.-China trade war. Markets have been volatile all … ( read…
Burned before, US 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…
US international business council seeks to defuse trade tensions
Nobody wins in an escalation of the US-China trade standoff, the United States Council for International Business (USCIB) said on Wednesday, as the world’s top two economies are locked in a fresh bout … (…
Rebecca Grant: Game over for China as Trump lays down new trade rules
Mnuchin told Fox Business the deal was “close to done.” Then China dug back into the 150-page document and started making changes. Out went agreements by China to clean up their act on intellectual ……
Canadian trade delegation presses U.S. on Huawei, China dispute: ‘We’re taking a hit for them, big time’
Eyking, who led a delegation of members of the international trade committee, spoke with Global News about his visit … Canadian businesses brace for China’s next move Eyking, who is also … ( read original…
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