The Ukraine crisis has added new intricacies to the already difficult relationship between the United States (USA) and China in the intricate dance of international diplomacy. The recent statements …
Monthly Archives For April 2024
Verstappen questions wisdom of sprint race on China return
World champion Max Verstappen has questioned the wisdom of throwing Formula One drivers into a sprint weekend on their return to Shanghai International Circuit for the first time since 2019 later this …
US will push China to change policy that threatens American jobs, Treasury Secretary Yellen says
The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese …
Hong Kong’s HashKey crypto exchange launches global platform with aim of overtaking Coinbase in 5 years
Hong Kong’s biggest licensed cryptocurrency exchange operator has launched a global trading platform, but it is not available in the US or China.
Donald Trump’s China Tariff Push Could Slow Down Economy And Fuel Inflation, Goldman Sachs Cautions
Goldman Sachs has cautioned that presidential candidate Donald Trump‘s proposed China tariff plan could potentially impede U.S. economic growth and fuel inflation. What Happened: Goldman Sachs …
China’s Central Bank to Relend USD69.1 Billion for Technological Innovation, Technical Reform, Gear Renewal
A reloan with such an interest rate provides financial institutions with low-cost and steady funds and will guide them to issue more loans to innovative high-tech companies, Dong Ximiao, chief …
Yellen Charm Offensive Aims to Boost China Ties and Curb Exports
US Treasury Secretary Janet Yellen will meet China’s central bank chief and former economic czar in Beijing as she wraps a trip that’s been a delicate balancing act in strengthening bilateral ties …
Yellen says U.S. will not accept new industries being decimated by cheap Chinese imports
BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen warned on Monday that the United States would not accept new industries being decimated by subsidized Chinese imports in the same … she had …
Bank of China Starts Testing NFC Payments With E-Yuan Wallets in Shenzhen
Bank of China has worked out a solution for using digital yuan wallets to make near-field communication payments and began trialing it in Shenzhen, guided by the country’s central bank. The two-step …
China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns
China’s Minister of Commerce Wang Wentao on Sunday said the allegations about “overcapacity” by the U.S. and Europe were without merit.
Sorry, Boomers, your kids don’t want your beloved china
A lifetime of collecting — coins, stamps and china. But younger generations don’t want it all. Hate to tell Boomers, but kids would rather pass on it than have you pass it along.
Shimao Shares Fall After China Bank Files Liquidation Petition
Shimao Group shares fell sharply after a Chinese state-run bank filed a liquidation petition against the heavily indebted developer, adding uncertainty to a proposed restructuring of offshore debt.
China says innovations, not subsidies, powering EV edge as Yellen raises ‘overcapacity’ concerns
China’s Minister of Commerce Wang Wentao on Sunday said the allegations about “overcapacity” by the U.S. and Europe were without merit.
