As a result, Russia has relied heavily on its relationship with China. But now, with China facing the threat of secondary sanctions, Beijing banks now look set to steer clear of Russian counterparts.
Monthly Archives For December 2024
European firms see declining business prospects in China
Surveys of German and UK firms in China indicated low confidence in the future of their investments in the country, with little hope of improvement on the horizon.
Ticker: Trump names crypto booster to run SEC; GM to take $5B charge on China losses
President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
Five years after the first covid-19 cases, there are lessons to learn
Hindsight makes it clear that the fight against covid-19 was also a struggle against the quiet epidemic of suppressed science, says Dali L. Yang
Trump’s Threat to Revoke China’s Trade Status, Explained
Trump has also threatened to take more sweeping action: rescinding the “permanent normal trade relations” (PNTR) status that the United States granted China more than two decades ago as Beijing prepared to enter the World…
White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign
A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details…
China bans export of key minerals to U.S. as trade row deepens even before Trump’s second term
As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of “a trade war that has no winners.” …
China Financial Services’ New Loan Agreement Sparks Interest
China Financial Services Holdings Limited (HK:0605) has released an update. China Financial Services Holdings Limited has announced a discloseable …
Trump taps China hawk who went to prison, unnerving some on Wall Street
Peter Navarro served prison time for refusing to cooperate with the congressional investigation into the Jan. 6, 2021, insurrection, and now will be a senior adviser for trade and manufacturing.
US Reacts As China Clashes With Ally at Sea
Video shows Chinese coast guard and naval forces targeting a Philippine government patrol with water cannons and up-close blocking maneuvers.
China Mobile squares off with US$1 billion offer for HKBN to fend off I Squared Capital
China Mobile has received undertakings from Canada Pension Plan Investment Board and US private equity firm TPG, which hold a combined 25 per cent stake.
Who will win the coming US-China trade war?
A trade war is coming. President-elect Donald Trump this week said he would open his presidency by inflicting new tariffs on imports from Canada, Mexico and China. The U.S.-China battle over trade could have the…
Pence backs Trump’s ‘hawkish’ tariffs on China but warns it ‘must not become our enemy’
Former Vice President Mike Pence came out in support of the additional tariffs that President-elect Trump promised to slap on China over the continued fentanyl crisis plaguing the U.S.