China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on Saturday. In the…
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China should not seek high growth as financial risks mount, warns government official
China warns U.S. it will defend own trade interests
China’s commerce ministry expressed regret at the filing on … SOYBEANS, AUTOS, PLANES The commerce ministry’s response had so far been “relatively weak”, respected former Chinese finance minister Lou Jiwei said at the forum. “If…
The biggest loser in a trade war between China and the U.S.? It’s you (but don’t worry about it)
China says it does not want a trade war … cost millions of Americans their jobs and dry up business investment if the global economy seized up. The WTO has made similar warnings. But ultimately…
China’s economic czar tells U.S. Beijing will defend interests
BEIJING — China’s newly-appointed economic czar told U.S. Treasury Secretary Steven Mnuchin Saturday that Beijing is ready to defend its interests after U.S. President Donald Trump announced plans to slap tariffs on nearly US$50 billion…
China urges U.S. to ‘pull back from the brink’ on trade as tensions rise
China has urged the United States to “pull back from the brink” as U.S. President Donald Trump’s plans for tariffs on up to $60 billion US in Chinese goods, while events in the South China…
China says ready to defend its interests in U.S. trade spat
China potential measures were not confined to commodities, and tourism could be a possible target, he added. SOYBEANS, AUTOS, PLANES A former Chinese finance minister said at the China Development Forum in Beijing that the…
China’s economic czar tells US Beijing will defend interests
BEIJING (AP) — China’s newly-appointed economic czar has told U.S. Treasury Secretary Steven Mnuchin that Beijing is ready to defend its interests after President Donald Trump announced plans to slap tariffs on nearly $50 billion…
China targets US$3 billion of Made-in-America goods in tariff spat
China’s response Friday appeared to be aimed at increasing domestic … On Tuesday, the Chinese premier promised at a news conference Beijing will “open even wider” to imports and investment as part of efforts to…
China may hike tariffs on U.S. pork, aluminum, other goods
China’s proposed tariff hikes in response to the steel and aluminum … On Tuesday, the Chinese premier promised at a news conference Beijing will “open even wider” to imports and investment as part of efforts…
JD Finance helps banks win ‘young’ credit clients
Xie Jinsheng, vice-president of JD Finance, introduces the Big Dipper retail credit package in Beijing on March 23, 2018. [Photo provided to chinadaily.com.cn] E-commerce giant JD’s financial technology arm JD Finance speeds up exporting its…
Is Beijing spoiling for a trade war?
If U.S. officials wanted to provoke a sharp response from China, they got one. Comments on the internet here burst out Friday with insults and invective, calling U.S. President Donald Trump a “shortsighted bully.” They…
China central bank names CBRC’s Guo as head of new banking, insurance regulator
BEIJING (Reuters) – The official publication of China’s central bank said on Thursday that Guo Shuqing has been appointed head of the new regulator for the banking and insurance sectors, as the world’s No. 2…
BRIEF-China Minsheng Financial Holding Corp Posts FY Profit Attributable Of HK$192.0 Million
* FY PROFIT ATTRIBUTABLE HK$192.0 MILLION VERSUS HK$36.9 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)