BEIJING China’s efforts to cut taxes and fees on companies will hurt government revenues, but increased economic activity generated by a lighter cost burden will help keep overall state finances stable, a finance ministry official…
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China ordered to pay $24 billion after standing in the way of COVID-19 supplies
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Influential AI expert Tingwen Huang returns to China after decades abroad
Canada Hit With Major New Retaliatory Tariffs From China
30 years of the Beijing declaration: What have we learned?
Recent Posts
China’s campaign to ease corporate costs will hit fiscal revenue: finance ministry official
China can’t fix its financial problems by debt cutting alone, economists say
The push for real economic reforms remains a key challenge facing President Xi Jinping during his second term, as structural improvements beyond debt reduction are needed to contain China’s financial risks, chief economists of China’s…
Ivanka Trump’s brand distances itself from China shoemaker
Ivanka Trump’s fashion brand sought to distance itself from a Chinese manufacturer that has come under scrutiny after activists investigating labor conditions there were detained, saying the company last made its products three months ago.…
In Beijing, Perry promotes US-China clean energy cooperation
BEIJING (AP) – America and China have “extraordinary opportunities” to work together on clean energy, U.S. Energy Secretary Rick Perry said Thursday, amid global criticism of President Donald Trump’s decision to pull the U.S. out…
Canadian Zero-Emission Hydrogen Vehicle Technology Headed to China
BEIJING, China, June 8, 2017 /CNW/ – The Government of Canada is committed to deepening its trade relationship with China, creating benefits for Canadians while helping China curb pollution and meet its climate change objectives.…
Australian Politics Is Open to Foreign Cash, and China Has Much to Gain
opaque campaign finance system. By contrast, such donations are largely banned in the United States, Canada and throughout most of Europe. “It’s not so much that China is more active but that Australia is more…
China’s CITIC Bank approves deal for stake in Kazakh lender
SHANGHAI China’s CITIC Bank Corp Ltd (601998.SS) said late on Wednesday its board had approved a deal to buy a 60 percent stake in Kazakhstan’s Altyn Bank, a subsidiary of Halyk Bank HSBK.KZ(HSBKq.L), the country’s…
China bond finance hits record low as market rout hammers demand
Chinese corporate bond financing hit a record low in May, as a market rout discouraged new issuance while a wave of previously issued notes came due. The combination of tight liquidity and a regulatory crackdown…
A financial crisis in China could also take down Australia
Australia managed to survive the global financial crisis with the help of a huge stimulus program from China. Chinese demand for Australian minerals prevented our economy from tanking. However, almost a decade later, doubts have…
BRIEF-Chubb CEO Evan Greenberg elected chair of the US-China business council
* Chubb CEO Evan Greenberg elected chair of the US-China business council Source text for Eikon: Further company coverage: ( read original story …)
China May imports, exports unexpectedly speed up but seen fading
Concerns over China landed squarely back on global investors’ radar after Moody’s Investors Service downgraded its credit rating last month, saying it expects the country’s financial strength will erode in coming years as growth slows…
U.S. business group urges trade fixes ahead of China’s party congress
BEIJING A U.S. business lobby in China said on Thursday that Washington should use leverage afforded by China’s desire to avoid trade frictions with the United States ahead of its Communist Party Congress this fall…
China’s central bank is trying to steal a march on the US Fed, by boosting the yuan
The Chinese central bank is perfectly sensible in making preparatory moves well ahead of any likely rise in US interest rates in the middle of this month, analysts agree, by strengthening the yuan in an…
