while also damaging U.S. farmers who stand to lose revenues and potentially driving up food prices in China. In the run-up to Friday, there was no sign of renewed negotiations between U.S. and Chinese ……
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As tariffs strike, China blames U.S. for ‘largest-scale trade war’
US-China trade battle kicks off; markets take it in stride
business partners, and increasingly competitors. It also is rooted in the clash between American notions of free trade and Beijing’s state-led development model. China’s ruling Communist Party has ins… ( read original story …)
A major factor behind the US-China trade war is winning at a $12 trillion technology — 5G
Trade tensions between the U.S. and China escalated Friday after months of threats over billions of dollars of tariffs. While products from soybeans to cars will likely get wrapped up in the spat, a k……
Some of the biggest names in Chinese technology
Washington accuses Beijing of trying to build its own tech champions by stealing or pressuring foreign companies to hand over technology. Here are some of China’s biggest names in telecoms equipment, … ( read original…
Deutsche Bank shares spike on report of interest from JPM and ICBC
and Industrial and Commercial Bank of China (ICBC) (601398.SS) may be interested in taking a stake. Business weekly WirtschaftsWoche, citing regional government sources, also said Chancellor Angela Me… ( read original story …)
China central bank governor says China to deepen financial reform
HONG KONG (Reuters) – China central bank governor Yi Gang said on Friday the country will continue deepening financial reform and opening-up as its economy has entered a stage of “new normal”. China h… (…
China: The US has started ‘the biggest trade war’ in history
Trump and his advisers argue the tariffs are necessary to pressure China into abandoning unfair practices such as stealing intellectual property and forcing American companies to hand over valuable te… ( read original story …)
China blames U.S. for ‘largest-scale trade war’ as tariffs kick in
China’s commerce ministry called the U.S. actions “a violation of world trade rules” and said that it had “initiated the largest-scale trade war in economic history.” Trump has railed against Beijing … ( read original…
Alibaba, Tencent lead $1.5 billion investment in China media group CMC
CMC Inc, one half of the CMC media empire that spans from sports to amusement parks, said the A-round fundraising was led by the two Chinese tech firms along with new investors such as property…
As U.S.-China tit-for-tat tariffs kick in, here’s what could happen
Trump tweeted June 26. He also has said the tariffs would be in response to what the administration claims is Chinese theft of U.S. intellectual property. China then announced it would respond with ad… (…
China media group CMC raises $1.5 billion from Alibaba, Tencent
said the A-round fundraising was led by the two tech firms along with new investors such as property developer China Vanke Co Ltd. CMC, founded by media magnate Li Ruigang in 2015, added the firm…
China market turmoil revives memories of previous carnage
The wild card for both China’s stock market and currency is the property market. Many worry it is now in an even more severe bubble than in 2015. An index of Shanghai-listed property shares have…
U.S. tariffs on $34B in Chinese imports take effect as Beijing announces retaliation
The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a technology dispute between the world’s two biggest economies that U.S. Pr… ( read original story…
