NEW DELHI – China has told India not to block its Huawei Technologies from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with … ( read…
Monthly Archives For August 2019
China’s Hand Is Stronger Than Trump Thinks
(Bloomberg Opinion) — U.S. President Donald Trump seems to think he holds the stronger hand in any currency war with China. Don’t bet on it. The yuan is “under siege,” thousands of companies are ……
China July new loans seen lower, more policy easing expected as trade woes build
BEIJING — New bank lending in China likely slowed in July, a Reuters poll showed, reinforcing expectations that policymakers will need to announce more support measures in coming months to … ( read original story…
CEO of Wrangler, Lee parent isn’t afraid of a recession or tariffs on China-made goods
Kontoor Brands has its eye on China as a growth opportunity. While it currently sells its Lee-branded denim in China, Wrangler will enter the country in the first quarter of 2020, when it will be…
China bought small volumes of U.S. soy, wheat and pork ahead of latest tariff threats
China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, … ( read original…
Hyatt Regency Shenzhen Yantian Opens in East Shenzhen
Newly opened hotel in the heart of Yantian District of Shenzhen brings Hyatt Regency brand’s signature hospitality and connecting guests to the booming city SHENZHEN, China, Aug. 8, 2019 … ( read original story …)
China dispute casts shadow on Canadian election, and on Trudeau
OTTAWA (Reuters) – Canada’s dispute with China, an economic powerhouse, has been a nagging headache for Liberal Prime Minister Justin Trudeau, and the feud is showing no signs of going away … ( read original…
Tackle investment bank first, investors tell HSBC’s caretaker boss
One source familiar with the bank’s thinking said the bulk of cuts would fall in GBM, where revenue growth is expected to cool on the back of fewer deals and tighter loan growth in China…
China Mobile seeks new growth drivers alongside 5G rollout
HONG KONG (Nikkei Markets) — China Mobile, the world’s largest mobile services provider, is pursuing new growth drivers to circumvent the pressure on its traditional revenue streams as it gears … ( read original story…
China continued to import Iranian oil in July despite U.S. sanctions: analysts
China imported Iranian crude oil in July for the second month since a U.S. sanctions waiver ended, according to research from three data firms, with one estimate showing some oil entered tanks holding … (…
China posts best export growth in months, but more U.S. tariffs may cut rebound short
An official Chinese think tank attributed the rise in exports partly to Beijing’s Belt and Road initiative, a program that aims to boost business and trade ties with dozens of countries across the … (…
China sets yuan fixing stronger than expected:: Morning Brief
Read more China sets yuan fixing stronger than expected: The yuan steadied on Thursday after China’s central bank set the daily fixing stronger than analysts expected, providing some reassurance to … ( read original story…
China imports from US fall 19% in July amid trade war
Washington and Beijing are locked in an increasingly costly tariff war over U.S. complaints China steals or pressures companies to hand over technology. The United States and other Chinese trading … ( read original story…
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