More than 90 percent of complete bikes are sourced from China, and at least 40 percent of imported bike components come from that country. “Implementing a tariff on our products will not bring jobs to ... ( read original story ...)
China central bank official rebuts Trump’s claim it is manipulating the yuan
A senior official of the People's Bank of China told a briefing on Tuesday that the yuan's exchange rate is set by the market, rebutting President Donald Trump's claim a day earlier that the country w... ( read original story ...)
Ant Financial delays its IPO again, claims report
A mascot of Ant Financial is seen at its office in Hangzhou, East China's Zhejiang province, Sept 21, 2016. [Photo/Agencies] Alibaba Group's financial affiliate Ant Financial decided to delay its list... ( read original story ...)
China launches first financial court in Shanghai
SHANGHAI -- China's first court specializing in handling finance-related cases opened Monday in the country's financial hub of Shanghai. The Shanghai Financial Court will be responsible for commercial ... ( read original story ...)
Chinese shadow banking contraction set to moderate – Moody’s
The contraction of shadow banking activity in China is expected to moderate in the second half of the year, in a further sign of policy easing as Beijing seeks to boost economic growth. Shadow banking ... ( read original story ...)
Moody’s: Shadow banking contraction to moderate
China's shadow banking sector strengthened efforts to curb its expansion with government support. [Photo/IC] China's shadow banking sector continued to contract in the first half due to the government ... ( read original story ...)
Companies Warn More China Tariffs Will Cripple Them and Hurt Consumers
“We do not have evidence to suggest that China is preparing to capitulate in such a manner and do not see an end to the tariffs in the near term.” At the hearing at the United States International Tra... ( read original story ...)
Technology Woes Add to China’s Fear of Trade War with US
Major stock slides for Chinese tech firms in recent weeks have raised questions about their ability to face an uncertain future if Washington makes good on its threats to cut off the flow of new techn... ( read original story ...)
China banks set for modest profit growth amid bad loan fears
Indications on future trends are expected to emerge over the coming weeks as the country's top banks - Industrial and Commercial Bank of China, China Construction Bank Corp, Agricultural Bank of China ... ( read original story ...)
Trump doubles down on claims that China and the EU are currency manipulators and warns: ‘I’ll still win’
Trump used an interview with Reuters to double down on claims that China is a currency manipulator. He also accused the European Union of currency manipulation. Trump has leveled these accusations num... ( read original story ...)