SHANGHAI (Reuters) – China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves … ( read original story…
FINANCE
China says war with US would bring disaster to world as tensions mount
“Due to this, China has enjoyed stability, and if you visit China you can understand that part of history.” On the ongoing trade war, which has shaken financial markets around the world, Wei said ……
China blames US for trade dispute, ‘unacceptable demands’
BEIJING — China issued a report Sunday blaming the United States for a trade dispute and said it won’t back down on “major issues of principle,” but offered no clarification about what additional … (…
China Targets FedEx in ‘Warning’ to U.S.
(Bloomberg) — China targeted FedEx Corp. in its escalating trade war with the U.S., giving a hint of which foreign companies it may blacklist as “unreliable.” With Chinese officials due to announce … ( read…
China investigates FedEx for Huawei cargo error
BEIJING — China is investigating FedEx after it diverted packages sent by Chinese tech giant Huawei, state media reported Saturday. The missed deliveries drew unusual attention because of speculation … ( read original story …)
China to investigate whether FedEx harmed client interests: Xinhua
BEIJING (Reuters) – China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday. The U.S. … ( read original…
China Launches Investigation Into FedEx, Xinhua Reports
(Bloomberg) — China is launching an investigation into FedEx Corp. for the wrongful delivery of packages, Xinhua reported. The U.S. express delivery company violated relevant laws and regulations of … ( read original story …)
China-to-Mexico Factory Shift Thrown in Disarray by Trump Threat
(Bloomberg) — In the past couple of years, Mattel Inc. has been consolidating more of its manufacturing in Mexico, shrinking its presence in China and other locales to cut costs on the Barbie dolls ……
China Tariff Retaliation Kicks In as Trade War Ratchets Up
China raised tariffs on tens of billions of … Goods will be exempted for a year after approval, according to the Ministry of Finance. Airplanes, some petroleum-based oils, turboprop engine … ( read original story…
‘We’re pretty helpless’: American farmers react to China’s latest trade war play
“I just feel like it’s another piece of the puzzle they have to work through,” Lorenda Overman, a North Carolina-based farmer who grows soybeans, corn, and wheat, told Yahoo Finance. “I feel like … (…
China ready to hit back at U.S. with rare earths: newspapers
BEIJING (Reuters) – China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would…
China threatens corporate hit-list on eve of new tariffs on U.S. imports
BEIJING (Reuters) – China threatened on Friday to unveil an unprecedented hit-list of “unreliable” foreign firms, groups and individuals that harm the interests of Chinese companies, as a slate of … ( read original story…
Trade war could trigger a ‘global financial crisis,’ says ex-China central bank chief
“If the China-U.S. trade war continues to grow larger, it may cause the global economy to decline, and may cause a global financial crisis,” says Dai Xianglong, former governor of the People’s Bank of ……
