LONDON — Global stock markets remained under pressure Thursday after China’s Commerce Ministry said Beijing would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports … ( read original…
Monthly Archives For May 2019
Trump rattles saber at China ahead of make-or-break trade talks
“We hope the U.S. can meet China halfway, take care of each others’ concerns, and resolve existing problems through cooperation and consultations,” he told a news briefing. “The U.S. side … ( read original story…
FCC rejects China Mobile’s bid to provide phone service in U.S.
Commissioner Brendan Carr, a Republican, said the FCC should investigate whether other Chinese carriers that had been given permission to operate in the U.S. years ago, China Unicom and China Telecom, … ( read original…
Hong Kong issues four more virtual bank licences to spur innovation and disrupt bricks-and-mortar financial services
Hong Kong’s monetary authority has issued four virtual banking licences to applicants affiliated with a trio of China’s largest technology companies as well as the city’s stock exchange, in a move to … ( read…
China Beige Book CEO on US trade war: ‘The Chinese decided to get greedy’
China Beige Book CEO Leland Miller blames China for derailing negotations last week. “Substantively we are very close [to a deal.] We’re almost there,” Miller told Yahoo Finance’s “The Ticker” on … ( read original…
China Mobile Barred From the U.S. Market Over Espionage Concerns
The U.S. and China have signaled hardening positions as they prepare for high-stakes talks in Washington to try and avoid an escalation in a year-old trade war that has cast a long shadow over ……
China Mobile’s bid to offer US phone service rejected
NEW YORK (AP) — U.S. communications regulators are rejecting a Chinese telecom company’s application to provide service in the U.S. due to national-security risks amid an escalation in tensions … ( read original story …)
Ant Financial, Tencent Join Hong Kong Virtual Banking Race
(Bloomberg) — Tencent Holdings Ltd., Ant Financial, Industrial & Commercial Bank of China Ltd. and Xiaomi Corp. are among companies to win licenses to create virtual lenders in Hong Kong, bringing … ( read original…
China’s Robocars Are Being Lapped By Their U.S. Competitors
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. The autonomous Lincoln MKZ started turning left at a Beijing intersection when a ……
Trump Could Raise Tariffs on China. Here’s How China Could Respond.
a vice president in Beijing for the U.S.-China Business Council, a business advocacy group representing 200 mostly large American companies that do business with China. “We are also advising our … ( read original story…
Dorsett Hospitality International Enters Strategic Partnership with China Mobile International Limited
This cross-platform collaboration will bring unprecedented convenience, comfort, and innovation to one’s travel experience HONG KONG — Dorsett Hospitality International (DHI) announced at the … ( read original story …)
China’s Yuan Tumbles to Lowest Since January on Trade War Fear
China will not allow the currency to keep sliding, as that will pressure stocks further and trigger risks in the broader financial system, Gao said. The authorities could boost the yuan’s funding … ( read…
As tariff hike looms, China asks U.S. to meet it halfway, denies backtracking
BEIJING (Reuters) – China appealed to the United States to meet it halfway to salvage a deal that could end their trade war, with its chief negotiator in Washington for two days of talks hoping…
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