(Bloomberg) — Senior People’s Bank of China officials reassured foreign companies that the currency won’t continue to weaken significantly, a day after the yuan fell below 7 per dollar for the first … ( read…
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China’s Central Bank Tells Foreign Firms Yuan Won’t Keep Falling
China warns Hong Kong protesters not to ‘play with fire’
The HKMAO rarely holds news conferences on Hong Kong – but this is its second briefing in two weeks. He accused Western “anti-China forces” and “meddling hands behind the scene” of instigating unrest. … (…
New York stock indexes hammered as China allows yuan to devalue
New York stock indexes plunged Monday, as investors continued to deal with the fallout of the China-U.S. trade war. The S&P 500 dropped 87.31 points, or 3 per cent, to 2,844.74 for its worst loss…
A Heightened US-China Financial War Imperils Global Economy
WASHINGTON — Just what the fragile global economy didn’t need: An unpredictable escalation in President Donald Trump’s trade war with China, one that spreads the conflict to currency markets, … ( read original story …)
Trade war rhetoric between U.S. and China eases Tuesday as Beijing revalues yuan
Stock markets largely settled down on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in a long-drawn trade war, a day after Wall Street ……
China Central Bank “Resolutely Opposed” To US Currency Manipulator Label
China’s central bank said Tuesday it is “resolutely opposed” to the United States labeling Beijing a currency manipulator a day after it let the yuan weaken significantly against the dollar. China’s … ( read original…
China could unleash this weapon on the financial markets to wallop the US
China best keep from adding one weapon to its arsenal in its escalating trade war with President Donald Trump. Because if it doesn’t, the blowback on its own financial markets — and the globe more…
Beijing Warns Hong Kong Protesters: Don’t ‘Play With Fire’
Amid weeks of mass anti-government demonstrations in Hong Kong that have frequently turned violent, Beijing on Tuesday issued a stark warning to protesters: “those who play with fire will perish by it … ( read…
China ‘will not stand idly by’ over U.S. deployment of midrange arms in Asia
China said Tuesday that it “will not stand idly by” and will take countermeasures if the U.S. deploys intermediate-range missiles in the Asia-Pacific region, which Washington has said it plans … ( read original story…
Mobile Construction Cranes Market to Witness Massive Growth: Terex, Tadano, CNH Industrial
Edison, NJ — (SBWIRE) — 08/06/2019 — A latest survey on Global (United States, European Union and China) Mobile Construction Cranes Market is conducted to provide hidden gems performance analysis. … ( read original story…
Exclusive: China’s Huawei seeks compensation from Flex over withheld goods
Headquartered in California, Flex is among the world’s largest electronic manufacturers and competes against Taiwan’s Foxconn Technology … resulting from the US/China trade situation”. … ( read original story …)
China’s July exports seen falling again, import slump to deepen: Reuters poll
BEIJING (Reuters) – China’s exports probably fell for a second successive month while imports likely contracted more sharply in July, a Reuters poll showed, hurt by tit-for-tat tariffs in a … ( read original story…
China warns Hong Kong protesters that punishment is coming
China so far has not visibly intervened in the situation … The three protesters who spoke to reporters said the briefing was intended to counter regular government and police news conferences in … ( read…
