BEIJING, May 19 (Xinhua) — China has made remarkable progress in opening up its financial sector and will continue to expand opening-up of the sector, the central bank said. In expanding … ( read original…
FINANCE
Belt and Road Brings Chinese Finance to the Gulf
During his meeting with the King of Bahrain, Sheikh Hamad bin Isa al-Khalifa, in 2013, Xi Jinping stated that China would deepen financial cooperation with Gulf countries. In recent years … ( read original story…
China Doesn’t Want to Be Like the West
(Bloomberg Opinion) — Theories abound for why the U.S.-China trade talks collapsed into stalemate, from misplaced overconfidence on the part of Beijing to President Donald Trump’s calculation that a … ( read original story …)
Canada has ‘very few options’ to secure release of Canadians being held in China: experts
Kovrig and Spavor were detained shortly after Chinese tech company Huawei’s chief financial officer Meng … is “deeply concerned” about China’s latest move. Goodale said the arrests … ( read original story …)
China’s ban on scrap imports a boon to US recycling plants
ALBANY, N.Y. — The halt on China’s imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables. U.S. paper … ( read original story…
China’s top diplomat calls for U.S. restraint on trade, Iran
SHANGHAI (Reuters) – China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo that recent U.S. words and actions had harmed the interests of China and its enterprises, and it should … (…
Tough talk from China leaves trade talks with U.S. in limbo
China has yet to say whether or how it will retaliate … said on Thursday its prices will rise due to higher tariffs on Chinese goods, though its chief financial officer told Reuters it will…
Pig Disease Jumbles Pork-Trade Routes as Canada Turns to China
(Bloomberg) — A deadly pig disease is helping turn the global hogs trade into a merry-go-round as Canada takes advantage of tariffs on U.S. produce to boost shipments to China, the world’s largest … (…
How Does Investing In Beijing Capital International Airport Company Limited (HKG:694) Impact The Volatility Of Your Portfolio?
This article aims to educate investors about beta values, but it’s well worth looking at important company-specific fundamentals such as Beijing Capital International Airport’s financial health … ( read original story …)
China’s tough rhetoric leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would … ( read original…
Finance minister vows bolder moves in proactive fiscal policy
[Photo/Agencies] BEIJING – Chinese Finance Minister Liu Kun has vowed bolder and more effective measures to implement the government’s proactive fiscal policy. China’s fiscal policy remains proactive … ( read original story …)
Shares swoon as Beijing ramps up war of words
LONDON (Reuters) – World share markets suffered a fresh bout of risk aversion on Friday after tough words on trade from China, while bets on a new pro-Brexit leader in Britain whipped the pound ……
China’s central bank won’t let yuan weaken past 7 to the dollar: sources
SHANGHAI/BEIJING (Reuters) – China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three … ( read original story …)