The bulk of China’s imports – coming from places such as Switzerland, Australia and South Africa and usually paid for in dollars – are conducted by a group of local and international banks given ……
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Vanguard Bank is a clear example of Beijing’s South China Sea strategies in action
China is trying to manipulate international dispute resolution mechanisms to sew confusion and further its economic interests in the South China Sea. Its diplomatic and military activities are pushing … ( read original story …)
China injects 400 bln yuan via 1-yr MLF, with rate unchanged
SHANGHAI — China’s central bank on Thursday lent 400 billion yuan ($56.90 billion) to financial institutions via its one-year medium-term lending facility (MLF), with the interest rate … ( read original story …)
China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years
China’s numerous small banks are still struggling to raise the finances needed to be able to offer more loans to aid the slowing economy nearly three months after the country’s first bank failure … (…
China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases
China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of … ( read original story …)
China ambassador to UK issues warning over protest movement
China began by censoring all news of the protests, but has in recent days taken to denigrating the protesters as criminals being manipulated by the U.S., Taiwan and other unnamed foreign powers. ( read original…
China decries ‘near terrorism’ protests as forces conduct military exercises close to Hong Kong border
China reiterated on Wednesday that Hong Kong … bringing the total number detained since June to 748, police told a news conference, adding that police stations have been surrounded and attacked … ( read original…
In A Pro-Beijing Neighborhood Of Hong Kong, Protesters Are Unwelcome
On a sultry recent afternoon, throngs of people in Hong Kong’s North Point district lined King’s Road, waiting tensely for black-clad young protesters to march through. In the mostly male crowd, many … ( read…
China ‘will not sit on its hands’ over Hong Kong protests – Beijing’s UK ambassador
The Chinese government will “not sit on its hands” over the protests in Hong Kong, Beijing’s UK ambassador has said, adding it has “solutions”. It came as new pictures emerged showing the build-up … (…
China says has to take countermeasures to latest U.S. tariffs
China has to take necessary countermeasures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday. The ministry also said the U.S. tariffs violate a … ( read…
Zendai has shuttered two P2P platforms worth $1.4 billion amidst Beijing’s regulatory crackdown
Zendai is the latest to pull out of P2P lending in China as the industry continues to reel from Beijing’s crackdown aimed at bringing order. ( read original story …)
ThunderChain Partners with the Naresuan University to Empower 490+ Medical Institutions with Blockchain-based Solutions
SHENZHEN, CHINA / ACCESSWIRE / August 15, 2019 / ThunderChain, China’s leading open-source blockchain platform, announced a partnership with the Naresuan University of Thailand to deploy … ( read original story …)
China threatens countermeasures in trade war: Morning Brief
Investors will shift their focus to Nvidia (NVDA) after the bell when the chipmaker reports second quarter financial results. Trade tensions between the U.S. and China have rocked the chip stocks this … ( read…
