The tariff news largely offset a raft of disappointing China data for July. The yen JPY= rose on the news about weak China’s industrial production and other data. Wall Street stocks soared … ( read…
Monthly Archives For August 2019
Prospect of U.S.-China trade deal creates access worries for Canadian farmers
OTTAWA — China’s move to stop buying several Canadian agricultural products has punished some farmers, and now industry leaders are worrying about the prospect of a broader threat — an eventual U.S. ( read original…
China economy shows new signs of weakness with soft data
Chinese exporters and US retailers did get a boost Tuesday as President Donald Trump’s administration announced it was delaying tariffs on key consumer electronic goods imported from China, which had … ( read original story…
China likens protesters to ‘terrorists’, Hong Kong airport reopens
HONG KONG (Reuters) – China’s Hong Kong Liaison office said on Wednesday that anti government protesters were no different to “terrorists”, as U.S. President Donald Trump said Chinese troops were … ( read original story…
China Industrial Output Weakens to 17-Year Low as Economy Slows
(Bloomberg) — China’s economy slowed more than expected in July … matching a two-year high To contact Bloomberg News staff for this story: Miao Han in Beijing at mhan22@bloomberg.net To contact the … ( read…
U.S. to delay China tariffs on some products, including laptops, cell phones
On Tuesday, technology investors welcomed news of the exemptions … The exemptions, combined with renewed talks with China, suggest Trump may be willing to compromise. In a sign the … ( read original story …)
China Expected to Roll Over Maturing Debt Amid Economic Slowdown
Photographer: Qilai Shen/Bloomberg Photographer: Qilai Shen/Bloomberg China’s central bank will likely roll over maturing debt to ease liquidity in the financial system as the economy slows amid the … ( read original story …)
Airline, luxury brands follow China’s lead on Hong Kong
HONG KONG — The chief executive of Hong Kong’s Cathay Pacific Airways warned Monday there will be “disciplinary consequences” for employees involved in “illegal protests,” as the airline joins a … ( read original story…
Samsung loses K-Pop star’s endorsement as it becomes embroiled in ‘One China’ row
The world’s number one smartphone maker Samsung has become the latest global brand to face criticism for damaging China’s “territorial integrity”, with a Chinese K-pop star ending an endorsement … ( read original story …)
Trade war is turning China’s local manufacturers to the domestic market, says e-commerce giant JD.com
Chinese e-commerce company JD.com reports second-quarter revenue that beat market expectations and a net profit, following a loss in the same period last year. “Given perhaps the trade tension, more … ( read original story…
China’s industrial output growth in July falls to 17-year low as trade war escalates
China’s economy has been slow to respond to a flurry of support measures rolled out since last year, with growth cooling to a near 30-year low in the second quarter. Business confidence also remains ……
Hong Kong could lose special trade status if Beijing intervenes in protests: official
A prominent U.S. senator warned China on Tuesday Hong Kong could lose its special U.S. trade status if Beijing intervenes directly to crack down on increasingly violent pro-democracy protests in … ( read original story…
Shenzhen’s success to create opportunities
A view of the Tencent Binhai Building, the Chinese tech giant’s headquarters, in Shenzhen, Guangdong Province. (Photo provided to China Daily) City’s strong innovation capability could trigger a … ( read original story …)
