As Amazon starts to roll out one-day shipping to its most loyal customers, it already has a logistics network spanning much of the U.S. BEIJING, May 6 (Reuters) – China’s central bank said on Monday…
Monthly Archives For May 2019
China central bank says to cut reserve requirements for small and medium banks
BEIJING (Reuters) – China’s central bank said on Monday it will lower the reserve requirement ratio for small and medium-sized banks effective on May 15, marking the latest policy support measure by … ( read…
Central bank dovishness means stocks have a reason to keep rising
Specifically, the combination of diffused U.S.-China trade tensions and a policy-induced stabilization … Notably, the “sweet spot” of supportive central bank policies and tame inflation should help … ( read original story …)
China sets yuan mid-point at weakest level in 2-1/2 months
SHANGHAI, May 6 (Reuters) – China’s central bank lowered its official yuan midpoint to 6.7334 per dollar on Monday, the weakest level in 2-1/2 months, after U.S. President Donald Trump threatened to … ( read…
China April services sector expands further on strong export sales: Caixin PMI
BEIJING, (Reuters) – – Activity in China’s services sector further improved in April, with export sales rising at a record pace, a private business survey showed on Monday, although the longer … ( read original…
Explainer: Who pays Trump’s tariffs – China and other exporters or U.S. customers?
4. Seek to source supplies from outside China. So some Chinese companies are losing business. 5. Pass the tariff costs on to customers by increasing retail prices. Most importers could use a mix … (…
Millionaires migrate to Australia and Canada from China and U.K. to seek business and avoid tax
The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and more than double the level in 2013 … ( read…
China’s war on healthcare costs lures Sun Pharma to scale up business
Sun Pharmaceutical Industries is scouting for a partner in China to help it win a larger piece of the worlds second-largest drug market, where the government is on a mission to drive down healthcare ……
Shenzhen to adopt Singapore housing policy and drop Hong Kong model
The loss of a skilled labour pool would no doubt be bad news for companies headquartered in Shenzhen “This is a big problem for cities like Shenzhen. Losing skilled workers means losing hold of the…
U.S. stock futures tumble after Trump threatens China with tariff hike
If this week’s scheduled meetings were canceled, pressure on equities could ramp up, he said. “The next important thing is the reaction from China. Should China cancel the trip that becomes a bigger … (…
China’s tech hub Shenzhen to build 7,000 5G stations
A man experiences VR in the 5G experience area at Shanghai Hongqiao Railway Station on Feb 18, 2019. [Photo/VCG] SHENZHEN – South China’s technological powerhouse Shenzhen is expected to build about 7 … ( read…
In abrupt turn, Trump vows higher U.S. tariffs on China goods
WASHINGTON (Reuters) – U.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on … ( read original story …)
Trump says tariffs on China will jump to 25 per cent this week
Chinese officials are expected to come to Washington for trade talks on Wednesday. “The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!” Trump tweeted Sunday. For … ( read…
