(Bloomberg) — China’s Finance Ministry is set to propose a small increase in the targeted budget deficit for this year as officials seek to balance support for the economy with the need to keep contr……
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Recent Posts
China to Propose Wider 2019 Fiscal Deficit Amid Slowdown
Trump Wants Trade Deal With China to Boost Stock Market, Sources Say
(Bloomberg) — President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to pe……
How’s China’s Opening to the Financial Sector Going?: QuickTake
Last year, China pledged to allow overseas financial firms greater access to the world’s second-largest economy. Then came the trade war with the U.S., raising concerns that President Xi Jinping could … ( read original…
METALS-Aluminium drops as bears attack, others wait for news on China
LONDON, Jan 8 (Reuters) – Aluminium prices slipped on Tuesday as bearish speculators kept up selling pressure, while other base metals were lacklustre ahead of the conclusion of U.S.-China trade talks … ( read original…
Intel’s Mobileye is taking its ready-to-go self-driving technology to China to solve public-transit problems
Unlike Tesla and General Motors’ Cruise division, Intel’s Mobileye self-driving unit isn’t trying to build vehicles. Instead, Israel-based Mobileye is offering customers, clients, and partners a one-s… ( read original story …)
Mobileye leads Israeli charge into China’s autonomous car market
TEL AVIV (Reuters) – Israel-based Mobileye, which makes technology for autonomous driving, said on Tuesday it was expanding its business in China with two new partnerships, paving the way for … ( read original story…
Global brands to see stiffer competition in China’s chocolate market
When I first went to China in the 1970s, chocolate was an expensive treat, out of the reach of the average consumer. Per capita consumption is still under 1kg (compared to 8.8kg in Switzerland or…
China gives long-awaited approval of some genetically modified crops amid U.S. trade talks
China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months in a move that could boost its overseas grains purchases and ease pressure from the United State… (…
U.S.-China trade talks to continue for third day: U.S. officials
BEIJING (Reuters) – The United States and China will continue trade talks in Beijing for an unscheduled third day, a member of the U.S. delegation said on Tuesday, as the world’s two largest … (…
Blockchain Water Purifier? New China Mobile Appliance Earns You Tokens
Telecommunications giant China Mobile is trying to show everyday consumers the value of blockchain by incorporating the technology into an ordinary household product. The company’s internet of things … ( read original story …)
Breakingviews – World Bank could be a new stick to beat China
American officials had already pressured the bank to lend less to China and warned about Beijing’s influence. This gives them a chance to instal a hawkish new boss, and open up a new front in…
China gives long-awaited GM crop approvals amid U.S. trade talks
BEIJING (Reuters) – China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months in a move that could boost its overseas grains purchases and ease pressure f… (…
China Offers Trump a Trade Peace Deal. It May Not Be Enough.
The White House has said China is an unfair trading partner. Its tariffs are too high, it says. It forces American companies to give up important technology to Chinese partners as a price for doing…
