Manila, Philippines — Good news, jetsetters! Philippine low-cost airline, Cebu Pacific launches direct flight from Manila to Shenzhen. Manila-Shenzhen Flights will run four times weekly every Monday, … ( read original story …)
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Cebu Pacific launches direct Manila-Shenzhen flights
China’s factory activity shrinks as U.S. tariffs, slowdown impact orders
An official business survey showed activity in China’s services sector held firm in June despite growing pressure on the broader economy from U.S. trade measures, with the official reading at 54.2 in … ( read…
Trump revives China talks with tariffs truce, break for Huawei
Sign up here. The U.S. and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $394 billion (US$300 billion) in tariffs and the…
China’s exporters welcome trade war truce, but worry about long-term outlook
China-based manufacturers have welcomed the news of a truce … Leo Zhu, a lawyer focused on international trade and intellectual property protection at Zhejiang Chession Law Firm, said the suspension … ( read original story…
China central bank will keep liquidity ample, yuan stable
BEIJING (Reuters) – China’s central bank said on Thursday it will use various monetary policy tools to keep liquidity reasonably ample and deepen market-based interest rate reform to keep the yuan … ( read original…
Hong Kong protests: Thousands rally in support of police and Beijing
Tens of thousands of pro-Beijing protesters are rallying in support of the police in Hong Kong. The demonstrators, dressed in white and blue and waving Chinese flags, oppose the anti-extradition … ( read original story…
China to Ease Ownership Rules on Oil Exploration, City Gas
(Updates with encouragement list in eighth paragraph, China PMI in fifth.) –With assistance from Qi Ding. To contact Bloomberg News staff for this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net … ( read original story…
US-China trade ‘back on track’: no new tariffs on exports, says China’s foreign ministry
Financial markets were likely to welcome the news. “Returning to negotiations is good news for the business community and breathes some much needed certainty into a slowly deteriorating relationship,” … ( read original story …)
China’s Weak Factory Report Shows Need for Lasting Trade Truce
Trump also said he would delay restrictions against Huawei Technologies Co., China’s largest telecommunications equipment maker. What Bloomberg’s Economists Say “The latest truce in the trade war … ( read original story …)
China’s June factory activity contracts more than expected
An official business survey showed activity in China’s services sector held firm in June despite growing pressure on the broader economy from tougher U.S. trade measures, with the official reading at … ( read original…
China’s factory activity shrinks as U.S. tariffs, slowdown hit orders
An official business survey showed activity in China’s services sector held firm in June despite growing pressure on the broader economy from U.S. trade measures, with the official reading at 54.2 in … ( read…
‘It’s a temporary timeout’: Trump and Xi agree to negotiations, but offer no clear path to end US-China trade war
The issue of intellectual property remains a key sticking point despite the agreement to restart trade talks. “There is no point in escalating the trade war now and creating problems in the economy … (…
Baoshang Bank collapse threatens China’s economy and may trigger central bank response
For the record, the party line from Beijing is the collapse was an isolated case, with the Baoshang’s majority stakeholder using the bank’s funds illegally in another one of his investment businesses. … ( read…
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