In a written speech delivered by a deputy at the Tsinghua PBCSF Global Finance Forum in Beijing, Guo Shuqing spoke out against the criticism levelled by Washington on issues such as forced technology … (…
FINANCE
Trade War Escalation Won’t Solve Anything, China Regulator Says
(Bloomberg) — The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, China’s top financial regulator said … ( read original…
China’s top banking regulator says yuan bears will suffer ‘heavy losses’
BEIJING (Reuters) – China’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer “heavy losses” if … ( read…
Should You Be Concerned About China Chuanglian Education Financial Group Limited’s (HKG:2371) ROE?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of…
China accuses U.S. officials of misleading public on trade war
BEIJING (Reuters) – China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world’s two largest economies kept financial markets in a state … (…
‘Forget about China’ — Why the farmer is his own worst enemy right now
Trader Scott Shellady, at TJM Brokerage, told Yahoo Finance’s The First Trade that in many ways … have resulted in an abundance of soybeans for sale here and overseas. “Forget about China, we’ve … (…
As New Cold War Looms, China Struggles to Grasp Trump’s End Game
China’s government is drawing up plans to potentially bail out Huawei if necessary, according to a person familiar with discussions on how to respond to the threats to the company. One possible option … (…
Trump says ‘dangerous’ Huawei could be included in U.S.-China trade deal
Chief Financial Officer Meng Wanzhou … or services from Huawei and Chinese telecoms firm ZTE in next-generation 5G networks. On Thursday, China’s Commerce Ministry hit back. “If the United States … ( read original story…
Chinese regulator to take over Baoshang Bank due to credit risks
BEIJING (Reuters) – China’s financial regulators said on Friday the country’s banking and insurance regulator will take control of Inner Mongolia-based Baoshang Bank due to the serious credit risks it … ( read original story…
UPDATE 1-Chinese regulator to take over Baoshang Bank due to credit risks
BEIJING, May 24 (Reuters) – China’s central bank said on Friday that the country’s banking and insurance regulator will assume control of Inner Mongolia-based Baoshang Bank due to the serious credit … ( read original…
China financial futures exchange publishes rules on risk reserves
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet. President Donald Trump on Thursday directed the U.S. intelligence … ( read original…
China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing
BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about his … ( read…
China capable of keeping RMB exchange rate stable: central bank
BEIJING, May 23 (Xinhua) — A senior central bank official on Thursday reiterated that China is “capable and confident” of keeping the renminbi exchange rate generally stable on a reasonable and … ( read original…
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