3:42 p.m. The top Democrat on the Senate Finance Committee denounced Trump’s plan. “I am always first in line for getting tough on China,” said Sen. Ron Wyden of Oregon. “But Trump doesn’t have any…
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China Bond Defaults Rebound Further in July
Risk appetite in China’s local bond market took a hit … Small and medium-sized banks and non-bank financial institutions are cutting their holdings of lower-rated credit bonds after regulators … ( read original story …)
U.S., China to keep talking on trade after little progress in Shanghai
Senator Chuck Grassley, a Republican from Iowa, one of the biggest exporters of corn and soybeans among U.S. states, and chairman of the Senate Finance Committee, said he was not surprised that China … (…
China’s tax cuts hit local govt coffers, may undermine stimulus
We still owe a lot of money,” said a local government official in eastern China who declined to be named. Finance ministry data show nationwide tax revenue rose just 0.9% in the first half from…
Pompeo rips into China, urges ASEAN to trust in US
“China has taken advantage of trade … Asked what the US response would be in the event of a Chinese military intervention in the financial hub, he said: “One thing this administration has been ……
Dollar falls against yen after Trump whacks China with more tariffs
Trump made the announcement in a series of tweets after an American delegation returned from trade talks in Beijing, saying China had failed … s first since the financial crisis, was not the … (…
Is Shenzhen Investment Limited (HKG:604) Excessively Paying Its CEO?
Wei Huang has been the CEO of Shenzhen Investment Limited (HKG:604) since 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next … ( read original story…
Genesio Confirmed as New Beijing Coach
(Reuters) – Chinese Super League side Beijing Guoan have named Bruno Genesio as their new head coach following the departure of Roger Schmidt on Wednesday. Genesio, who spent the last four years at … (…
Explainer – Trump’s China tariffs: Paid by U.S. importers, not by China
Chinese companies are losing business as U.S. importers are scouting for cheaper, tariff-free sources of the same goods outside China. Trump and top members of his Cabinet have said that the … ( read original…
No rash moves: Kao aims to bolster ‘Made in Japan’ cachet in China diaper market
TOKYO/BEIJING (Reuters) – Like many urban Chinese professionals with young children, Shenzhen-based fintech executive Jacob Cao is a fan of Japanese diaper brands including Kao Corp’s (4452.T) Merries … ( read original story …)
Spin Master accelerates shift from China to dodge tariffs, share up on results
TORONTO – Spin Master Corp. says it has accelerated plans to diversify production out of China as a trade dispute between the world’s two largest economies drags on. The Toronto-based toy company, … ( read…
9F Seeks U.S. IPO Investment
9F has filed to raise $150 million in a U.S. IPO, although the final figure may differ. The firm operates an online peer-to-peer lending and financial services marketplace in China. JFG is a … (…
Trump threatens 10% tariffs on China; stocks plummet on news
WASHINGTON — U.S. President Donald Trump announced Thursday the U.S. will apply a new tariff of 10% on about $300 billion worth of products from China beginning Sept. 1, escalating the two countries’ … (…
