North Korean Leader Kim Jong Un met with Chinese President Xi Jinping on Tuesday, in a suprise visit that again came unannounced. Chinese media confirmed that Kim had visited and met with Xi, according to…
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Kim Jong Un met with Xi Jinping in China again as Beijing struggles to assert its will on Koreas
China confirms Kim Jong-un returned for meetings with Xi Jinping
The two discussed bilateral issues, with Xi telling Kim of his support of talks between North Korea and the United States, Xinhua news agency in China reported. China is North Korea’s only major ally, although…
China reports meeting between Xi, North Korea’s Kim
the official Xinhua News Agency reported. “In a cordial and friendly atmosphere, the top leaders of the two parties and the two countries had an all-round and in-depth exchange of views on China-DPRK relations and…
China central bank skips open market operations
The People’s Bank of China (PBOC) is seen in this file photo taken in Beijing. [Photo/Xinhua] BEIJING – China’s central bank suspended open market operations on Tuesday for the second working day as liquidity remained…
China’s central bank says will further push forward yuan internationalisation
BEIJING (Reuters) – China’s central bank said on Tuesday that it will further push forward yuan internationalisation this year and expand the cross-border use of the Chinese currency. ( read original story …)
People’s Bank of China to push yuan global use ‘to a new level’
People’s Bank of China to push yuan global use ‘to a new level’ China will continue to expand cross-border use of its domestic currency, the yuan, this year, the central bank says. The global use…
China to expand cross-border RMB use
BEIJING – China will continue to expand cross-border use of its currency Renminbi, or yuan, this year, according to the central bank. The global use of the Chinese yuan is one highlight of China’s financial…
China’s exports rebound, trade surplus with US swells
HONG KONG — China’s exports rebounded in April and its politically sensitive monthly trade surplus with the United States grew for the first time in five months at a time of escalating friction between Beijing…
China April exports bounce back more than expected despite U.S. trade brawl
Imports in April also grew more robustly than expected, signaling China’s domestic demand is holding up well, good news for policymakers looking to soften the blow from any trade shocks. Some analysts, however, warned the…
Taiwan blames China for absence from U.N. health meeting
TAIPEI (Reuters) – China is disregarding the health of the people of Taiwan by blocking the island’s participation in an annual U.N. health meeting later this month, the Taiwan government said. Taiwan’s China policy-making body…
Major commercial banks raise Beijing mortgage rate
The Beijing branches of the Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, and Bank of China have decided to lift their floor mortgage rates for first-home purchasers from 1.05…
AMP plays down talk of China Life deal
Embattled wealth manager AMP has played down references in its board minutes released by the banking royal commission to exploring a deal with one of the world’s biggest insurers, China Life. The minutes of AMP’s…
Dimon Lays Out 100-Year China Vision With Trade Spat on Horizon
Dimon, 62, reiterated that JPMorgan still plans to achieve 100 percent ownership of a Chinese brokerage operation, adding that the bank is in the “process.” He said he hopes there won’t be a trade war…