According to the Department of Commerce, US exports of goods and services to China supported an estimated 251,000 jobs in 2014. Apple’s chief contractor, Foxconn Technology Group, has flirted with the idea of moving jobs…
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Clariant, High-Tech Materials form partnership in BOPP production in China
Speciality chemicals company Clariant has struck a strategic partnership with Chinese BOPP manufacturers the Gettel High-Tech Materials Co. to promote additives and liquid feeding technology in the biaxially oriented PP industry in China. Gettel High-Tech…
China's Xi has one big message for Donald Trump
When Chinese President Xi Jinping meets with U.S. President Donald Trump in Florida, the message he will likely bring is: don’t blame China for your problems. China’s Foreign Ministry has been telegraphing what Xi and…
China's relationship with North Korea the worst it's ever been, says BlackRock's Fink
BlackRock Chairman and CEO Larry Fink told CNBC on Thursday that China’s relationship with North Korea is the worst it has ever been. Fink, speaking ahead of President Donald Trump ‘s meeting with Chinese President…
China Mobile Investors Still In Denial
China Mobile’s most reliable pattern is a disappointing disconnect between the fundamentals and the stock price. CHL overreacts on bad news and will likely see its gap close. The dividend is the only reliable income…
China's top four banks slim down
For the first time in six years, China’s four largest banks saw their collective headcount drop in 2016. Lenders also cut costs. Industrial & Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank…
China's Banks Are Still in Trouble
Agricultural Bank of China Ltd. reported disposing of 73 billion yuan in loans this way. That’s an extremely troubling trend, as banks appear to be obscuring rather than resolving their debt problems. And even so,…
China's Army of Bank Tellers Retreats
Staffing at big four banks falls for first time since 2011 Total headcount at China’s four largest banks fell in 2016 for the first time in six years, as the lenders cut costs and tried…
Beijing-Seoul Rift Over Missile Defense Disrupts Deal Making
This time last year, South Korean private-equity firm MBK Partners LP was shopping around a rich prize—the South Korean operations of ING Groep NV, which it had acquired in 2013 as part of a planned…
At Mar-a-Lago, Trump welcomes China’s Xi for high-stakes inaugural summit
Chinese President Xi Jinping touched down in Florida for a high-stakes summit at Trump’s Mar-a-Lago estate. ( read original story …)
South China Sea: Philippines' Duterte sends troops to unoccupied islands
Philippine President Rodrigo Duterte has ordered troops to occupy uninhabited islands and reefs in the disputed South China Sea. “The unoccupied, which are ours, let’s live on it,” Mr Duterte told reporters during a visit…
Great news for the loonie and TSX: The global driver of commodity demand has re-emerged
The current spike in China’s imports is great news for Canadian equities and the loonie. Most investors are aware that the Chinese economy is the world’s largest driver of commodity demand but the sheer scale…
Trump's constant trashing of China over its currency could backfire
President Trump risks an embarrassing blunder if he doesn’t tone down his rhetoric on China’s currency when he comes face to face with President Xi Jinping. The first meeting between the leaders of the world’s…
