SHANGHAI — Months of struggling with economic problems at home and bickering with President Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to…
FINANCE
China central bank to keep policy neutral, liquidity reasonably ample
BEIJING (Reuters) – China’s central bank said on Thursday it will maintain a prudent, neutral monetary policy, neither too tight nor too loose, and keep liquidity reasonably ample. The People’s Bank of China (PBOC) will…
A group linked to the Chinese government has warned of a looming ‘financial panic’
It’s now starting to look a bit like 2015, a period when Chinese financial markets were in meltdown. China’s National Institution for Finance and Development (NIFD), a Chinese government-backed think tank, warned this week of…
China rejects US concerns over South China Sea militarisation
China’s President Xi Jinping told visiting US defence secretary Jim Mattis that China would not yield “one inch” of the South China Sea, rebuffing Washington’s efforts to engage Beijing on the issue. Mr Mattis was…
China tries to defuse trade pressure, says world benefits
BEIJING — China’s government defended its trade record as a benefit to the world in a new effort Thursday to defuse U.S. and European pressure over market access and technology policy. A Cabinet report repeated…
Exclusive: China rejects U.S. request for talks on airline website row
BEIJING/WASHINGTON (Reuters) – China has rejected U.S. requests for talks over how American airlines and their websites refer to Chinese-claimed Taiwan, according to sources, including a U.S. official, adding to tensions in a bilateral relationship…
Trump backs off imposing China investment limits
The announcement followed intense internal battles over the issue and reports of impending bans on Chinese investment that had sent financial markets into a nose … “For those who want to say this is being…
China’s bear market woes run deeper than Trump tariffs
Blame for the sell-off of China’s stock market has been levelled at the Sino-US trade war but Beijing’s problems have been evident for some time and run much deeper. Long before US president Donald Trump…
China’s economy in the shadow of a trade war
Despite China’s astonishingly strong and sustained expansion, the economy is widely considered vulnerable because the growth in output has been underwritten by an even faster increase in debt. This has been particularly true since the…
Can China Survive Trade War as Stocks Crawl Into Bear Market?
In this connection, China’s central bank on Jun 24 said it will release as much as 700 billion yuan ($107 billion) into the financial system by reducing the amount of deposits majority of the banks…
US vs China: who prevails in a trade war?
Responding, China released its own list of tariffs … Sponsored by Senator Reed Smoot of Utah, who was chairman of the Senate Finance Committee, and Representative Willis Hawley of Oregon, the chairman of the House…
Leaked report by government think-tank says China should be wary of financial panic
HONG KONG (Reuters) – A government think-tank report that appeared briefly online said that China should be wary of any financial panic stemming from uncertainties, such as bond defaults, tight liquidity and trade frictions with…
Hang Seng China index shows how far the needle has swung from greed to fear
The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks was rising at the fastest pace…
