The financial markets have become extremely focused on the twists and turns in the tariff negotiations involving the US and China and, more recently, on the likelihood of a technology war centred … ( read…
Monthly Archives For June 2019
China-led oil project tanks
And it helps explain why China’s spending in the sector has slowed to a trickle … Indeed, PROP might be considered a core business if not for the higher profits the company expects to realize…
China tells Canada of ‘consequences’ of helping U.S. with Huawei case
Chinese authorities detained Spavor, a businessman, and former diplomat Kovrig on Dec. 10, shortly after Canada arrested China-based Huawei’s Chief Financial Officer, Meng Wanzhou, on a U.S. warrant. … ( read original story …)
China says U.S. can’t use pressure to force trade deal
BEIJING (Reuters) – The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of…
China Says It Doesn’t Want to Replace U.S. as ‘Boss of World’
(Bloomberg) — China doesn’t seek to surpass the U.S. as the globe’s dominant power but is prepared to “fight to the end” if needed, Defense Minister Wei Fenghe said, as trade friction grows between ……
China blames US for trade war, says ‘nothing is agreed until everything is agreed’
China on Sunday blamed the United States for the trade war, vowing it would not back down and accused Washington of being an untrustworthy negotiator as tensions continue to escalate between the … ( read…
Singapore says global rules could change with China’s rise
“China will have its own legitimate interests and ambitions … New international rules need to be made in many areas, including trade and intellectual property, cybersecurity and social media.” Lee … ( read original story…
Banking system liquidity ample after Baoshang Bank takeover: Chinese central bank
SHANGHAI (Reuters) – China’s central bank said on Sunday that liquidity in the banking system is reasonably ample, and that it would use various monetary policy tools including medium-term facility … ( read original story…
China central bank urges calm after Baoshang takeover
SHANGHAI (Reuters) – China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves … ( read original story…
China says war with US would bring disaster to world as tensions mount
“Due to this, China has enjoyed stability, and if you visit China you can understand that part of history.” On the ongoing trade war, which has shaken financial markets around the world, Wei said ……
Beijing warns US not to underestimate Chinese military
Singapore (AFP) – Beijing warned Friday that the US should not underestimate China’s military as the top defence officials from both countries met on the sidelines of a security forum. As Beijing and … (…
China blames US for trade dispute, ‘unacceptable demands’
BEIJING — China issued a report Sunday blaming the United States for a trade dispute and said it won’t back down on “major issues of principle,” but offered no clarification about what additional … (…
US accusation of China IP theft, forced technology transfer unfounded: white paper
Accusing China of stealing intellectual property to support its own development is an unfounded fabrication, according to a white paper titled China’s Position on the China-US Economic and Trade … ( read original story …)