(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…
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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…
Trudeau talks to Trump about blowback from China and ongoing steel tariffs
Prime Minister Justin Trudeau called U.S. President Donald Trump on Thursday to ask for an end to U.S. steel tariffs and additional diplomatic assistance in Canada’s ongoing dispute with China. “The … ( read original…
Munk Debates: Former Trump adviser H.R. McMaster says jailing of Canadians ‘should tell you all you need to know’ about China
because it’s a demonstrable fact that China is exfiltrating as much data-sensitive technology, intellectual property, as it can,” he told The Globe and Mail in an interview. Mr. McMaster will make his … ( read…
China’s Yuan, Stocks Rise After Brutal Week as Tariff Hour Looms
Overseas investors have been fleeing China stocks at a record pace. The central bank set the yuan fixing at 6.7912 per dollar, stronger than forecast by analysts and traders surveyed by Bloomberg. … ( read…
China’s central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage points
SHANGHAI (Reuters) – Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China’s growth by 0.3 percentage points but the strengthening economy has become more resilient … ( read original…
US tariffs could cut China’s GDP growth by 0.3 percentage points, says Chinese central bank advisor
Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China’s growth by 0.3 percentage points, a Chinese central bank advisor said on Friday. “China’s real economy performance … ( read…
U.S. and China arrive at moment of reckoning in trade dispute
The United States and China hurtled toward a defining moment in their four-decade-old relationship on Thursday, with financial markets bracing for the outcome of unusually dramatic trade talks in … ( read original story …)
What Canada must learn from China’s canola war
There is a lesson for Canada in this. The promise of China profits entranced many, and the canola business seized upon the opportunity better than most. The risk of becoming the target for a ……
First day of U.S.-China trade talks end; Trump’s tariff hike set to take effect
Tension between Washington and Beijing has risen after a major setback in negotiations last week when China revised a draft deal and weakened commitments to meet U.S. demands for trade reform. … ( read original…
Op-Ed: China’s bond defaults looking grim
This is a far less regulated banking system, which China has been trying to bring under control with varying levels of success. The shadow banking system lends vast amounts of money, and China has ……
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