“China’s banking landscape is increasingly tilted -- the strong ... “Investors will remain lukewarm to the shares and upcoming IPOs of small lenders,” said Liao. “We haven’t seen any light at the end of the tunnel.” ( read original story ...)
China relieved, U.S. business ambivalent over easing of trade tensions
BEIJING (Reuters) - China's government on Monday praised a significant cooling of trade tensions with the United States, saying agreement was in both nations' interests while state media trumpeted what it saw as Beijing's refusal to surrender to U.S ... ( read original story ...)
FTSE 100 at record high after trade war truce, but pound hits 2018 low – business live
China hasn’t said how much it’s willing to reduce the ... US investors welcomed news that General Electric planned to merge its transportation business with rail equipment maker Wabtec. Financial shares gained ground after Fifth Third Bancorp said ... ( read original story ...)
China says it can’t guarantee no more trade tension with U.S.
"We believe this result will be welcomed by the peoples and business communities in the two countries, and the international community." "Big risk factors" include whether China will take action fast enough on its trade surplus and whether the two sides ... ( read original story ...)
China praises positive steps in U.S. trade spat, says didn’t give in
“The ballast stone of Sino-U.S. ties are an equal and mutually beneficial trade and business relationship. Its essence is win-win cooperation,” it said. But China was not being forced to increase imports as a way to ward off the trade tensions or ... ( read original story ...)
U.S. is putting new tariffs on hold while negotiating with China, Mnuchin says
"Among U.S. businesses there's more consensus on getting tough with China in theory than in practice," he said. "Corporate and agriculture lobbyists have been working overtime to protect their clients' business. Nobody's willing to 'take one for the team ... ( read original story ...)
U.S., China putting trade war on hold, Treasury’s Mnuchin says
China responded with its own measures targeting U.S. agriculture ... Trump said last week he had directed Ross to put ZTE back in business, but Kudlow said any changes would be minimal. “If any of the remedies are altered they are still going to be ... ( read original story ...)
US and China halt imposing import tariffs
These are external links and will open in a new window China and the US say they will halt imposing punitive import tariffs, putting a possible trade war "on hold". The deal came after talks in the US aimed at persuading China to buy $200bn (£148bn ... ( read original story ...)
China agrees to import more goods and services from US
These are external links and will open in a new window China has agreed to buy more US goods and services, reducing the trade imbalance between the two countries and dampening fears of a looming trade war. Washington says the move will "substantially ... ( read original story ...)
How US luxury brands conquered China
While there is no one-size-fits-all China market strategy, there appears to be five common approaches for US brands to reach Chinese consumers. Several US brands, including Tiffany & Co, Estée Lauder and Michael Kors, have made a name for themselves in ... ( read original story ...)