Diplomatic relations between Canada and China turned icy last December when police in Vancouver detained Huawei Technologies Co Ltd chief financial officer Meng Wanzhou on a U.S. arrest warrant. … ( read original story …)
FINANCE
Fiscal stimulus required if China-US trade tension worsens
n The organization said China’s growth is anticipated to moderate … n “One is to continue the de-risking and de-leveraging to address financial vulnerability, second is to look for ways to … ( read original…
Cabinet docs detail Mulroney challenges on China after Tiananmen Square massacre
As was the case in the late 1980s, today’s Canada-China crisis was preceded by a period of hope … when the RCMP arrested Meng, the chief financial officer of Huawei, so she can face extradition…
China central bank injects 500 bln yuan via one-year MLF, rates unchanged: statement
SHANGHAI (Reuters) – China’s central bank on Thursday lent 500 billion yuan ($72.32 billion) to financial institutions via its one-year medium-term lending facility (MLF), keeping the interest rate … ( read original story …)
Trade war, tariff threats to challenge G20 finance leaders’ solidarity
FUKUOKA (Reuters) – Widening fallout from the U.S.-China trade war and escalating tariff threats will test the resolve of Group of 20 finance leaders to show a united front this week, as investors … (…
China has tools to handle trade war: central bank chief
China’s central bank chief said Friday the country has plenty of policy tools left to handle the trade war with the United States. There is “tremendous” room to counter the deepening trade war, People ……
Trade war clouds outlook as finance chiefs meet in Japan
U.S. Treasury Secretary Steven Mnuchin, who has headed trade talks with Beijing along with U.S. Trade Representative Robert Lighthizer, was due to meet with Yi Gang, governor of China’s central bank, … ( read original…
China bank chief notes ‘tremendous’ room to adjust policy room if trade war worsens
China has “tremendous” room to adjust monetary policy if the trade war with the U.S. deepens, People’s Bank of China Governor Yi Gang said. “We have plenty of room in interest rates, we have plenty…
Postal Savings Bank of China bullish on equity investments
BEIJING (Reuters) – Postal Savings Bank of China said on Thursday it will raise the proportion of equity investments in its holdings, a move that indicates a further shake-up of country’s capital … ( read…
China wants to pressure the US economy, but the finance sector is probably safe from Beijing
Technology, rare earth minerals and the education sector have been dragged into the scuffle between China and the U.S., but as Beijing considers more countermeasures, experts say that America’s … ( read original story …)
Hutchison China MediTech Limited (LON:HCM): Financial Strength Analysis
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Small and large cap stocks are widely popular for a variety of…
China’s ‘mini-Lehman’ moment to spur smaller bank consolidation
HONG KONG/BEIJING (Reuters) – China is set to see consolidation among its smaller banks after a rare government seizure of a troubled Inner Mongolia lender in May, as Beijing looks to avert any … (…
China’s Lessons for Mexico on Trump: Dig In and Keep It Personal
Treasury Secretary Steven Mnuchin will attend the G-20 finance ministers’ meeting that begins Saturday … “Exports from the U.S. to China are huge,” said Duncan Wood, director of the Mexico Institute … ( read original…
