“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in an International Monetary and Financial Committee (IMFC) statement posted on Saturday … (…
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China Won’t Use Yuan as Tool to Deal With Trade War, Yi Says
“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in a statement to the International Monetary and Financial Committee, which was posted o……
China approves two new IPO applications
China is gradually switching from an approval-based IPO system to one based on registration. BEIJING – China’s top securities regulator has approved new IPO applications from two companies, which will … ( read original story…
China’s biggest streaming-music service is reportedly postponing its US IPO because of stock-market volatility
Tencent Music Entertainment is reportedly delaying its US initial public offering because of the recent stock-market volatility. The China-based streaming-music service already met with its … ( read original story …)
China views yuan depreciation not in its interest: Mnuchin
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Saturday said Chinese officials told him this week that a further depreciation of China’s yuan currency was not in the … ( read original…
China Blinks First In LNG Face-Off With U.S.
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of China said it was cutting…
The US is hunkering down for a new cold war with China
China’s president Xi Jinping and US president Donald Trump meet in Beijing in November 2017. The US administration views China as a strategic and economic rival Share on Twitter (opens new window) Sha… ( read…
BMW to buy control of China venture in ‘new era’ for foreign carmakers
SHENYANG, China (Reuters) – Germany’s BMW (BMWG.DE … local players such as BAIC on income from ventures with premium brands like Daimler. Industry insiders and analysts fear sales could … ( read original story …)
Tencent Music Postpones US IPO Amid Global Market Sell-Off
Two days ago, China Money Network reported that another Tencent-backed … Tencent Music has filed in early October for a US$1 billion initial public offering (IPO) in America, planning to raise as mu… ( read…
Curling: Eve Muirhead to limit events prior to Beijing 2022 following surgery
Scottish curler Eve Muirhead will enter fewer competitions in the run-up to the next Winter Olympics after playing in pain for several years. The Great Britain skip recently had surgery to help deal w… (…
China’s Huawei to invest 1 billion yuan in cloud business over 3 years
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd, the world’s largest telecom-equipment maker, plans to invest 1 billion yuan ($145 million) over the next three year to develop … ( read original story …)
China may hit US harder as economic rivalry mounts
All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times. After bringing one of China’s leading companies, ZTE, close to collapse earlier t… (…
Australian Financial Review questioned over deal to share content with China’s Caixin Global
Questions have been raised about the Australian Financial Review’s decision to sign a content-sharing agreement with a Chinese media outlet subject to Chinese Government oversight. AFR has begun publi… ( read original story …)
