“We will also aid Beijing in becoming the country’s technology innovation center,” Yan said, adding the CSRC will support qualified companies to utilize the S&T innovation board to grow stronger. Wang … ( read original…
FINANCE
China’s Challenges Pile Up as Factories Slow Amid Trade Standoff
(Bloomberg) — China’s manufacturing sector slowed more than expected and further signs of stress in the labor market appeared, adding to a weakening currency and financial nervousness on the list of … ( read original…
Stop blaming the US-China trade war for everything
The culprit? You guessed it: the trade war. The tussle between the U.S. and China is being blamed for all manner of economic and financial developments. Some of these are only vaguely related to the…
China’s banking, insurance sectors to further open up
Wang Zhaoxing, deputy chairman of the China Banking and Insurance Regulatory Commission (CBIRC), speaks at the Annual Conference of Financial Street Forum 2019 in Beijing. [Photo/Xinhua] China’s … ( read original story …)
Beijing to spearhead opening-up of financial sector
Beijing will continue to develop its financial sector toward a new round of opening-up of China’s financial industry, according to an official attending the Annual Conference of Financial Street Forum … ( read original story…
US ups backing for Ottawa against China over detentions
The pair were detained in late 2018 shortly after Canada arrested Huawei chief financial officer Meng Wanzhou following a US extradition request. China’s actions have been widely viewed as retaliation … ( read original story…
Huawei repatriates US workers from its China base
We don’t know the boundary of the law, we have to be whiter than white,” Mr Dang told the Financial Times in a recent interview. Huawei also spent several days making significant changes to the…
China Rallies Energy Giants as Trade Spat With U.S. Heats Up
(Bloomberg) — China is mobilizing its vast state-run energy industry to prepare for an economic tussle with the U.S. that could escalate further and might last for years. Top oil executives were busy … (…
Tesla prices China-made Model 3 at 328,000 yuan as China plan accelerates
BEIJING (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world ……
U.S. mine aims to loosen China’s grip on rare earth materials
All the talk of China’s grip on rare earth minerals is starting to resemble 2010: Beijing’s threats to weaponize its stronghold on these 17 metals, the global panic over a potential shortage, even the ……
Why billionaire John Paul DeJoria doesn’t see a prolonged U.S.-China trade war
not that good for the United States — it’s even worse for China — and I think it’s going to be over within a relatively short period of time,” he told Yahoo Finance. The trade…
U.S. Fighter Jets and Missiles Are in China’s Rare-Earth Firing Line
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China’s grip on the global market for rare-earth metals gives it the ability to…
Portugal becomes the first euro zone country to issue debt on China’s market
Portugal’s Finance Minister Mario Centeno told CNBC that the issuance is a “positive step in managing Portugal’s external debt in the medium term.” Portugal has become the first ever euro zone country … ( read…
