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…
FINANCE
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 ……
China Has Rare Earths Plan Ready to Go If Trade War Deepens
The measures would likely focus on heavy rare earths, a sub-group of the materials where the U.S. is particularly reliant on China. The plan can be implemented as soon as the government decides to go…
Beijing to be ‘new highland’ for securities industry
“We will also aid Beijing in becoming the country’s technology innovation center,” Yan said, adding the CSRC will support qualified companies to utilize the S&T innovation board to grow stronger. Wang … ( read original…
China’s Challenges Pile Up as Factories Slow Amid Trade Standoff
(Bloomberg) — China’s manufacturing sector slowed more than expected and further signs of stress in the labor market appeared, adding to a weakening currency and financial nervousness on the list of … ( read original…
Stop blaming the US-China trade war for everything
The culprit? You guessed it: the trade war. The tussle between the U.S. and China is being blamed for all manner of economic and financial developments. Some of these are only vaguely related to the…
China’s banking, insurance sectors to further open up
Wang Zhaoxing, deputy chairman of the China Banking and Insurance Regulatory Commission (CBIRC), speaks at the Annual Conference of Financial Street Forum 2019 in Beijing. [Photo/Xinhua] China’s … ( read original story …)
Beijing to spearhead opening-up of financial sector
Beijing will continue to develop its financial sector toward a new round of opening-up of China’s financial industry, according to an official attending the Annual Conference of Financial Street Forum … ( read original story…
US ups backing for Ottawa against China over detentions
The pair were detained in late 2018 shortly after Canada arrested Huawei chief financial officer Meng Wanzhou following a US extradition request. China’s actions have been widely viewed as retaliation … ( read original story…
Huawei repatriates US workers from its China base
We don’t know the boundary of the law, we have to be whiter than white,” Mr Dang told the Financial Times in a recent interview. Huawei also spent several days making significant changes to the…
China Rallies Energy Giants as Trade Spat With U.S. Heats Up
(Bloomberg) — China is mobilizing its vast state-run energy industry to prepare for an economic tussle with the U.S. that could escalate further and might last for years. Top oil executives were busy … (…
Tesla prices China-made Model 3 at 328,000 yuan as China plan accelerates
BEIJING (Reuters) – U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world ……
