China’s exports fell in March but at slower pace than the 17% contraction seen in January-February as the coronavirus shutdown paralyzed much business activity. Exports … ( read original story …)
FINANCE
Asian Shares Rise, China’s March Trade Data Show Improvement
Asian shares rose Tuesday although investors were braced for sobering news about how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the … ( read original…
China in the driver’s seat amid calls for Africa debt relief
Support is growing for debt relief to help the world’s poorest, indebted nations – most of them in Africa – confront the economic havoc wreaked by COVID-19. A two-decade lending spree has propelled … (…
China, Hong Kong stocks rise on better-than-expected trade data
China and Hong Kong stocks gained on Tuesday, after the world’s second-largest economy posted better-than-expected trade data despite the coronavirus outbreak. ** China’s exports fell 6.6% in March … ( read original story …)
China blames Canada for difficulties in relationship, demands Huawei exec be freed
OTTAWA (Reuters) – China’s embassy in Canada said on Thursday that bilateral ties were suffering “gross difficulties,” and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial … ( read original story …)
China blames Canada for difficulties in relationship, demands Huawei executive be freed
OTTAWA (Reuters) – China’s embassy in Canada said on Thursday that bilateral ties were suffering “gross difficulties,” and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial … ( read original story …)
China’s central bank to issue fintech development plan, curb risks
BEIJING (Reuters) – China’s central bank said on Thursday it will issue a three-year development plan for the country’s financial technology (fintech) sector, in a move to support the fast-growing … ( read original story…
China’s new road to globalisation
Outside China, the BRI appeals particularly to countries that fell victim to the 2008 global financial crash and subsequent euro crisis. For example, during the darkest days of its sovereign debt … ( read original…
3 events are revealing a potential ‘textbook’ of China’s information operations
The Hong Kong protests have been a rare case for China, attracting global attention due to the widespread media coverage and its impact on the financial markets, Watts said. The key topics from the ……
Trump acknowledges China policies may mean U.S. economic pain
OK? The fact is somebody had to take China on.” The Republican president indicated that he had no choice but to impose the tariffs that have been a drag on U.S. manufacturers, financial markets and,…
Goldman Applies for Control of China Investment Banking Venture
Goldman Sachs Group Inc. sought regulatory approval to buy a majority stake in its investment banking joint venture in China … a spokesman said Wednesday. Beijing Gao Hua Securities Co., controlled … ( read original…
China Traders Bet Big on a Lagging Bank Stock in Hong Kong
(Bloomberg) — It’s trading near its lowest levels since 2016 and has lost $44 billion in value since an April peak — but mainland investors can’t seem to get enough of China Construction Bank Corp.…
Pentagon warns of China’s growing influence in the Middle East
Defence officials are concerned about China’s “desire to erode US military advantages” in the Middle East, Michael Mulroy, the top Pentagon official for the region, told the Financial Times. He argued … ( read original…
