shortly after Canada arrested Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who faces extradition to the United States. China has repeatedly demanded Meng be released, and has … ( read original story …)
FINANCE
China formally arrests two Canadians on state secrets charges
shortly after Canada arrested Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who faces extradition to the United States. China has repeatedly demanded Meng be released, and has … ( read original story …)
China’s Wildest Rates Since 2014 Leave Bond Traders Stranded
(Bloomberg) — China’s bond traders are throwing away the script this year as the central bank repeatedly tweaks policy to keep up with shifts in the economy. The lack of visibility is sending tremors ……
China Has a $3.65 Trillion War Chest to Counter U.S. Tariffs
If tariffs begin to really hurt China’s growth this year, there’s plenty of direct fiscal firepower left to stoke the economy before the People’s Bank of China would have to cut interest … ( read…
China steps up sales of US Treasuries
Except for a small net purchase last month, China has now sold Treasuries every month since September. Financial Times Except for a small net purchase last month, China has now sold Treasuries every … (…
Secret Bond Deals Making China’s Debt Market More Confusing
S&P, which in January won a license to rate China’s onshore bonds, mainly relies on local financial data providers and the clearing houses to help monitor defaults. “Some such cases are recognized as … (…
China Cuts U.S. Treasury Holdings to Lowest Level Since 2017
The data preceded the recent deepening of the trade war between the U.S. and China that’s rattled financial markets and cast a shadow over the global economy. Both sides slapped new tariffs on the ……
‘Still a lot of work to do’: Steven Mnuchin expects to visit Beijing ‘in near future’ for US-China trade talks
He has led trade negotiations with Beijing alongside US Trade Representative Robert Lighthizer. Speaking at a subcommittee of the Senate Appropriations Committee, Mnuchin said he will attend a meeting … ( read original story …)
No easy options for China as trade war, U.S. pressure bite
The State Council Information Office, finance ministry and commerce ministry did not immediately respond to Reuters’ requests for comment. Of the retaliatory options available to China, none come … ( read original story …)
Why new U.S.-China tariffs ‘will have no impact on the real heart of the problem’
Even though trade tensions between the U.S. and China have been heating up lately … and they’re developing that technology faster than we can,” he said on Yahoo Finance’s The First Trade. This, in ……
How foreign groups fare in China’s slowing two-track economy
China’s biggest economic slowdown in three decades is provoking angst among companies that have become used to its booming economic expansion. The pain is not evenly spread, however, as a Financial … ( read original…
Mnuchin to visit China soon as trade war clouds global economy
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to China soon to continue … over the global economy and financial markets. … ( read original story …)
Global Trade Instability Could Hit Toronto-Dominion Bank (TSX:TD) Hard
The U.S. is currently in the midst of a dangerous trade war with China, and financials in that country are very likely to be hit. To understand how this could affect TD bank, we first…
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