More than 12,000 police officers assembled in Shenzhen in the southern Chinese province of Guangdong on Tuesday for a drill that included anti-riot measures similar to those seen on the streets of … ( read…
Monthly Archives For August 2019
China to tap senior Foreign Ministry official Cong Peiwu as new envoy to Canada: reports
China is expected to name as its next ambassador to Canada a senior Foreign Ministry official who was Beijing’s point man on North American policy, according to news reports. Cong Peiwu served until … (…
Trump dismisses trade war fears; China warns of market chaos
WASHINGTON/BEIJING/SHANGHAI (Reuters) – U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington’s decision … ( read original story …)
China warns India of ‘reverse sanctions’ if Huawei is blocked-sources
was called to the Chinese foreign ministry on July 10 to hear China’s concerns about the U.S. campaign to keep Huawei out of 5G mobile infrastructure worldwide. During the meeting, Chinese … ( read original…
Why the U.K. is in a Brexit bind over Hong Kong and relations with China
Meanwhile, China is Britain’s second-largest non-EU trade partner … sharing if London allows the Chinese firm to build part of its 5G high speed mobile network, given the security concerns he has … ( read…
China’s Central Bank Tells Foreign Firms Yuan Won’t Keep Falling
(Bloomberg) — Senior People’s Bank of China officials reassured foreign companies that the currency won’t continue to weaken significantly, a day after the yuan fell below 7 per dollar for the first … ( read…
China warns Hong Kong protesters not to ‘play with fire’
The HKMAO rarely holds news conferences on Hong Kong – but this is its second briefing in two weeks. He accused Western “anti-China forces” and “meddling hands behind the scene” of instigating unrest. … (…
New York stock indexes hammered as China allows yuan to devalue
New York stock indexes plunged Monday, as investors continued to deal with the fallout of the China-U.S. trade war. The S&P 500 dropped 87.31 points, or 3 per cent, to 2,844.74 for its worst loss…
A Heightened US-China Financial War Imperils Global Economy
WASHINGTON — Just what the fragile global economy didn’t need: An unpredictable escalation in President Donald Trump’s trade war with China, one that spreads the conflict to currency markets, … ( read original story …)
Trade war rhetoric between U.S. and China eases Tuesday as Beijing revalues yuan
Stock markets largely settled down on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in a long-drawn trade war, a day after Wall Street ……
China Central Bank “Resolutely Opposed” To US Currency Manipulator Label
China’s central bank said Tuesday it is “resolutely opposed” to the United States labeling Beijing a currency manipulator a day after it let the yuan weaken significantly against the dollar. China’s … ( read original…
China could unleash this weapon on the financial markets to wallop the US
China best keep from adding one weapon to its arsenal in its escalating trade war with President Donald Trump. Because if it doesn’t, the blowback on its own financial markets — and the globe more…
Beijing Warns Hong Kong Protesters: Don’t ‘Play With Fire’
Amid weeks of mass anti-government demonstrations in Hong Kong that have frequently turned violent, Beijing on Tuesday issued a stark warning to protesters: “those who play with fire will perish by it … ( read…