The amount of NPLs at commercial banks rose to 2.16 trillion yuan ($317.66 billion) at the end of March, up 95.7 billion yuan from the start of the year, Liu Zhiqing, deputy head of the…
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More U.S.-China trade talks, Uber’s IPO, Durant’s injury: 5 things you need to know Friday
Beijing said it would retaliate … its debut on the New York Stock Exchange on Friday with its highly anticipated initial public offering (IPO). Ride sharing is unquestionably a growth industry: The … ( read…
News Daily: US-China trade war escalates, and English football makes European history
The ongoing US-China trade war appears to be escalating, with the US more than doubling tariffs on $200bn (£150bn) worth of Chinese products. China says it “deeply regrets” the move – which comes as ……
RPT-CHINA PRELIMINARY Q1 CAPITAL AND FINANCIAL ACCOUNT DEFICIT $58.6 BLN- FX REGULATOR
Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. ( read original story …)
Cashing out in Uber’s IPO: China, Russia and the Middle East
SAN FRANCISCO (Reuters) – In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and … ( read original story …)
US hikes tariffs on Chinese goods, Beijing vows retaliation
BEIJING – President Donald Trump’s latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade … ( read original story…
China’s Commercial Property Markets Are ‘Fundamentally Under-Supplied’
00:00MANAGEMENT, GREAT TO HAVE YOU WITH US. HOW MUCH OF YOUR OPTIMISM HAS TO DO WITH THE FACT THAT CHINA HAS BEEN STIMULATING THE ECONOMY. IT SEEMS TO BE PRETTY CONCENTRATED ON BOOSTING DOMESTIC ……
FCC bans China Mobile from US, reviews other Chinese carriers
Carr said the US should take “additional action” and investigate whether to revoke approvals for China Unicom and China Telecom. “Much, if not all, of the reasoning behind today’s decision appears to … ( read…
What Analysts Are Saying About Rebound in China’s Stocks, Yuan
China’s central bank sought to steady fears that the yuan could tumble further while shares have priced in bad news already, according to market watchers. The currency strengthened and stocks suddenly … ( read original…
China Is Armed With Powerful Market Weapons in Duel With Trump
(Bloomberg) — China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost. Beijing … ( read original…
China’s Electric-Car Mania Draws Parallels to the Dot-Com Bubble
(Bloomberg) — China’s electric-vehicle market is so overcrowded it’s starting to resemble the dot-com bubble that burst at the turn of the century, the industry’s top producer warned, sounding the … ( read original story…
U.S., China wield threats going into high-stakes trade talks
Chinese authorities already have extended retaliation beyond imports by targeting operations of American companies in China. Regulators have slowed down customs clearance for their shipments and … ( read original story …)
Trudeau spoke to Trump about Canadians detained in China: Ottawa
OTTAWA (Reuters) – Prime Minister Justin Trudeau spoke to U.S. President Donald Trump on Thursday and discussed the detention of two Canadian citizens in China, which has triggered a major crisis … ( read original…
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