SHANGHAI — China’s central bank on Thursday lent 400 billion yuan ($56.90 billion) to financial institutions via its one-year medium-term lending facility (MLF), with the interest rate … ( read original story …)
FINANCE
China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years
China’s numerous small banks are still struggling to raise the finances needed to be able to offer more loans to aid the slowing economy nearly three months after the country’s first bank failure … (…
China threatens countermeasures in trade war: Morning Brief
Investors will shift their focus to Nvidia (NVDA) after the bell when the chipmaker reports second quarter financial results. Trade tensions between the U.S. and China have rocked the chip stocks this … ( read…
China nationalists hack pro-Hong Kong protest T-shirt listings on Amazon
As the large-scale anti-government protests in Hong Kong continues, the fight between China nationalists and Hong Kong’s pro-democracy supporters have moved to an unlikely battlefield — the online … ( read original story …)
What Makes China Yuchai International Limited (NYSE:CYD) A Great Dividend Stock?
China Yuchai International Limited … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. ( read original story…
Markets tank as China says promises ‘counter measures’ in trade war
China’s Ministry of Finance said that fresh 10% tariffs on $300bn of Chinese goods violated a consensus reached with the US and threatened trade talks, Bloomberg reported. China also warned it … ( read original…
China Signals Retaliation Against New U.S. Tariffs Imminent
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China called planned U.S. tariffs on an additional $300 billion in Chinese goods a ……
China says has to take counter-measures to latest U.S. tariffs
BEIJING — China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministy said on Thursday. The ministry also said the U.S. tariffs … ( read…
Tariffs, China sales weigh on Cisco outlook, shares slide
Chief Financial Officer Kelly Kramer said in an interview that … and dropped 8% to $46.53 in after-hours trading. While sales to China fell sharply, they comprised less than 3% of overall sales in ……
China threatens retaliation if US tariff hikes go ahead
BEIJING — China on Thursday threatened retaliation if Washington steps … by delaying customs clearance for their goods and delaying issuing licenses in finance and other fields. ( read original story …)
China Jan-July non-financial ODI up 3.3% in yuan terms – commerce ministry
BEIJING — China’s non-financial outbound direct investment (ODI) in January-July rose 3.3% from a year earlier to 432.92 billion yuan ($61.71 billion), the commerce ministry said on Thursday. ( read original story …)
China insists on countering US tariffs
China will take unspecified “necessary counter-measures” to the latest U.S. tariffs on US$300 billion of Chinese goods, the finance ministry said today. The ministry also said the U.S. tariffs … ( read original story …)
China says state cryptocurrency set to rival bitcoin is ‘close’ to launch
A senior official at the People’s Bank of China said the cryptocurrency was “close to being out” at an event held by China Finance 40 Forum, according to separate reports in Reuters and Bloomberg, ……
