confirmed the report to CBC News and said he believes it’s an issue with paperwork. “We just have to see what the reaction is and over the next couple of days. Does this turn into…
Monthly Archives For June 2019
China’s Xi says economy positioned to meet all challenges: Xinhua
Xi made the remarks to the TASS Russian News Agency and Rossiyskaya Gazeta newspaper on Tuesday … The transcript of that interview was published by Xinhua on Wednesday. Xi did not mention China’s … (…
Taiwan: China is ‘unrepentant’ in covering up June 4 Tiananmen crackdown
Financial information provider Refinitiv, under pressure from China’s government, has removed from its Eikon terminal Reuters news stories related to the 30th anniversary of the Tiananmen crackdown. … ( read original story …)
China Curbs Property Developers’ Funding to Cool Land Prices
Chinese authorities are taking fresh steps to cool the property market, curtailing onshore fundraising for developers found to have bid aggressively in land auctions. The curbs have affected companies … ( read original story …)
China’s central bank is poised to cut interest rates amid trade war, economist says
The People’s Bank of China would lower rates twice later in 2019 and once in 2020 as the country’s trade fight with the U.S. heats up, said said Helen Qiao, chief Greater China economist at…
World Bank downgrades its forecast for global economy
In the 19 countries that use the euro currency, growth is forecast to slow to 1.2%, down from 1.8% last year and the 1.6% the World Bank expected in January. Slowed by the Trump administration’s…
Mnuchin to Meet China Central Bank Chief in Japan, Treasury Says
(Bloomberg) — Treasury Secretary Steven Mnuchin will meet with the People’s Bank of China chief during the Group of 20 gathering of finance ministers and central bankers in Japan over the weekend, … ( read…
Samsung Electronics Says Adjusts Production Volume at China Mobile Phone Plant
SEOUL — Samsung Electronics said on Wednesday it was adjusting the volume of mobile phone production at its plant in the Chinese city of Huizhou due to intensifying competition in the country. Samsung … (…
Samsung Electronics says to cut production volume at China mobile phone plant
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of…
Beijing needs to pick a bank bailout message
Regulators downplayed their decision to take over troubled Baoshang Bank, just as another small lender with over $100 bln in assets said auditor EY quit. Officials can rescue banks, or not, but … ( read…
China’s ambassador to Canada to leave post later this month
In a speech at an event sponsored by BMO Financial Group and The Globe and Mail in late May, he lashed out at allegations that China is “an ’autocracy’ with ’no freedom’ and ’violating human…
China coordinates laws to combat global financial crime
Money laundering and global financial crime could undermine trade and investment in major financial markets, offshore centers, and emerging markets. The global phenomenon could put China at risk as … ( read original story …)
China wants to end impasse with Canada by meeting halfway: envoy
China’s ambassador to Canada says his government … since the December arrest of a Chinese telecom giant’s chief financial officer in Vancouver. The arrest of Huawei’s Meng Wanzhou was … ( read original story …)
