BEIJING (Reuters) – China should cut banks’ reserve requirement ratios (RRR) to help ease their burdens, the central bank said in a working paper on Tuesday, fanning expectations of an imminent policy move as its…
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China central bank says bank reserve ratios should be cut, fuels easing talk
China slams U.S. ‘blackmailing’ after Trump makes new trade threat
BEIJING/WASHINGTON (Reuters) – China accused the United States on Tuesday of “extreme pressure and blackmailing” and vowed to retaliate after U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of…
Explainer: What can Beijing do if China-U.S. trade row worsens?
BEIJING (Reuters) – China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese…
Soybeans are tumbling as Trump ratchets up trade fight with Beijing
Soybeans were down more than 2% Tuesday. China promised to retaliate if the Trump administration imposed additional tariffs on the country. Follow soybeans in real time here. Soybeans tumbled Tuesday after President Donald Trump threatened…
China blasts new U.S. tariff threat, warns it will retaliate
BEIJING — China on Tuesday threatened “comprehensive measures” in response to U.S. President Donald Trump’s new tariff hike, raising the possibility Beijing might target operations of American companies. Trump’s announcement fueled fears that economic ……
China central bank says banks’ reserve ratios should be cut, fuels talk of easing
BEIJING (Reuters) – China should appropriately cut banks’ reserve requirement ratios (RRR) to help ease their burdens, the central bank said in a working paper on Tuesday, fanning expectations of an imminent policy move to…
Oil falls as flaring U.S.-China trade dispute blunts risk appetite
LONDON (Reuters) – Oil fell on Tuesday as an escalating trade dispute between the United States and China unleashed sharp selloffs in many global markets. The crude price was also dented by expectations that producer…
China accuses U.S. of ‘blackmailing’ as Trump targets $200B in tariffs
It was retaliation, he said, for China’s decision to raise tariffs on $50 billion in U.S. goods, which came after Trump announced similar tariffs on Chinese goods on Friday. “After the legal process is complete,…
BRIEF-China Unicom Hong Kong Updates On May Operational Statistics
June 19 (Reuters) – China Unicom Hong Kong Ltd: * MAY AGGREGATE NUMBER OF MOBILE BILLING SUBSCRIBERS 299.434 MILLION * MAY NET ADDITION OF MOBILE BILLING SUBSCRIBERS FOR MONTH 2.418 MILLION * MAY AGGREGATE NUMBER…
China prepares retaliatory tariffs against US energy
China is lining up retaliatory tariffs against the US to hit one of its most successful export industries in recent years: energy. Sales of US oil, gas and coal to China have been rising sharply,…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back…
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
“The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the U.S., but of the world.” U.S. business groups said…
In tit-for-tat, Trump threatens more tariffs against China
The tariffs were quickly matched by China on U.S. exports, a move that drew the president’s ire. “China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property…
