SHANGHAI China has published rules barring the use of lower-rated corporate bonds as collateral in short-term borrowing in a bid to reduce financial risks. The rules, which apply to the so-called repurchase agreement (repo) business…
FINANCE
Little confrontation or progress in China-U.S. meeting
The U.S. administration’s first recourse is very likely to be economic — pushing China to crack down on Chinese banks and companies said to provide North Korea access to the international financial system. In a…
A High Flier Among China ETFs (CQQQ, BABA)
Many of these ETFs take a traditional approach to the Chinese economy, which is the world’s second largest behind the U.S. That means a typical China ETF is likely to be heavily allocated to financial…
How China May React to U.S. Strike on Syria
Apr.06 — The U.S. launched a cruise missile attack against Syria after accusing Bashar al-Assad’s regime of using poison gas to kill scores of civilians. Bloomberg’s Tom MacKenzie reports on China’s possible reaction on “Bloomberg…
Beijing struggles to get residents to declare war on trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
Beijing struggles to get affluent residents to sort their own garbage
Beijing finds it tough to raise participation. “There are only classification targets … but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street…
Chinese state media cheer Xi-Trump meeting, say confrontation not inevitable
SHANGHAI/BEIJING (Reuters) – Chinese state media on Saturday cheered the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping as one that showed the world that confrontation between the two powers was…
Beijing struggles to get residents to sort their trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
At U.S.-China summit, Trump presses Xi on trade, North Korea; progress cited
PALM BEACH, Fla. (Reuters) – President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Korea’s nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on…
FT: China Pounces Amid US Retreat From Global Financial System
China reportedly is muscling out America to grab a bigger share of the global financial spotlight. “As the U.S. steps back, China is taking a greater role on the global financial stage, despite slowing its…
China threatened to make life tough for Google if Trump keeps up his criticism
China won’t unblock Google’s services for its citizens if US president Donald Trump keeps slamming the country, according to a Financial Times report. Chinese politician Liu Binjie said if Trump kept criticising the country’s trade…
China forex reserves rise slightly in March, stay above $3 trillion
BEIJING (Reuters) – China’s foreign exchange reserves rose slightly in March, though by a bit less than the market expected, as capital control measures and a pause in the dollar’s rally helped contain outflows. Reserves…
These states would get hit hardest by a trade war with China
“They do not, however, want the Trump administration to disrupt what has become a stable atmosphere for American business in China.” Trump’s blistering rhetoric condemning China’s trade practices generated cheers of support on the campaign…
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