The titans of US finance have for decades been guiding the nation’s China policy. But then US manufacturers grew tired of waiting for the promised land. ( read original story …)
FINANCE
Optimism Capped By Renewed US-China Tensions In May
The COVID-19 outbreak has heightened global concerns of excessive dependency on China’s manufacturing sector and led governments in many countries to incentiviz … ( read original story …)
Businesses must rethink relying on China for future profit growth, expert says
The Chinese History of the World,” joins “Squawk Box” to discuss how the United States and American businesses can best approach the rising tensions with China. ( read original story …)
Hong Kong’s future as a financial hub is being torn between Washington and Beijing
As Beijing moves closer to implementing a controversial security law in Hong Kong, questions are growing about the semi-autonomous city’s future as a global financial hub. Once a pawn between China … ( read original…
Australian official urges international students to consider studying in the country as China claims racism
“This is a great place to come and study. Like all countries, of course we are managing issues … from time to time, but overwhelmingly, Australia is a very welcoming, open, transparent, friendly … (…
China to ensure centrally allocated funds reach local levels directly: finance ministry
China will ensure the special fiscal funds allocated from the central government this year would reach city and county levels directly to support firms and residents in difficulties, a vice finance … ( read original…
Australia will defend its interests as an ‘exporting nation’: Finance minister
Australia’s Finance Minister Mathias Cormann discusses national trade issues amid the coronavirus outbreak and rising tensions with China. ( read original story …)
China will honor trade deal, wants better U.S. ties, top adviser says
Zhu Guangyao, a former finance minister and Cabinet adviser … and that is also the reflection of the wishes of consumers in China and the United States,” Zhu said. “Such interdependence will not … (…
China may punish Australia with trade curbs — but it can’t stop buying iron ore from Down Under
In what is seen as retaliation against Australian’s call for an independent investigation into the origins of the coronavirus, Beijing has suspended some beef imports and slapped hefty tariffs on … ( read original story…
Beijing’s proposed security law received mostly positive response from clients of Hong Kong’s banking and wealth sectors, finance chief says
Paul Chan says following meetings with Hong Kong Association of Banks and Private Wealth Management Association that their clients support the law. ( read original story …)
Censorship from Beijing is one more reason for you to worry about using Zoom
People were already uneasy about Zoom. Then it quietly suspended an account used by Chinese dissidents in exile who organized a Tiananmen event. ( read original story …)
China, U.S. should resume timely communication on trade: China adviser
China and the United States should resume timely communication on trade and other issues, an adviser to the Chinese cabinet said on Thursday, stressing that the world’s two biggest economies are too … ( read…
Nasdaq-listed 360 Finance may kick off HK listing end-2020: sources
Nasdaq-listed 360 Finance Inc may kick off its Hong Kong listing process as soon as December, two sources familiar with the matter said, as U.S.-listed Chinese firms pursue dual listings amid … ( read original…
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