(Bloomberg) — Analysts say the yuan’s sudden slump is a sign China’s central bank will allow more depreciation after the U.S. vowed to hit the country’s products with new tariffs. The move by the ……
Featured Posts Title
China’s newest aircraft carrier sails through the Taiwan Strait
China shows aircraft carrier’s dangerous encounter with Japanese warship
China Resources New Energy draws $943 billion in retail bids for biggest Shenzhen IPO
Beijing’s revenge: China turns off the tap for the American defense industry
China Takes Supercomputer Crown From U.S. for First Time Since 2017
This Megafactory Is a Test Case for the U.S.-China Tech Race
China’s latest tool to control a disputed atoll: a strange floating platform
Recent Posts
China Warming to Idea of Yuan as Trade War Weapon, Analysts Say
People’s Bank Of China Ramps Up Crypto Development
China’s central bank, the People’s Bank of China (PBoC), announced that it has accelerated the development of its own cryptocurrency, reported Cointelegraph on Sunday (Aug. 4). PBoC hosted a video … ( read original story…
China’s yuan falls below 7 to U.S. dollar
BEIJING — China’s yuan has fallen below the politically sensitive level of seven to the U.S. dollar, possibly adding to trade tension with Washington. The tightly controlled currency weakened to … ( read original story…
Haier, China Mobile and Huawei Launch AI+5G Interconnected Factory
China Mobile, Huawei and China’s Haier Electronics Group recently launched an AI+5G interconnected factory at the 2019 World Industrial Internet Conference (WIIC) in Qingdao. This improvement refines … ( read original story …)
China Mobile (NYSE:CHL) Cut to Sell at ValuEngine
ValuEngine downgraded shares of China Mobile (NYSE:CHL) from a hold rating to a sell rating in a report issued on Thursday morning, ValuEngine reports. A number of other research firms also recently … ( read…
World’s Biggest Banks Trade at Record Lows as China Pain Spreads
China’s “big four” state-owned lenders, which together control more than $14 trillion of assets, have tumbled to record-low valuations amid mounting concern that Beijing will encourage them to bail … ( read original story …)
China Mobile Hong Kong opens 5G Experience Store
China Mobile Hong Kong (CMHK) has opened a flagship 5G Experience Store store in Central. CMHK’s newest flagship store has two floors, comprising over 2,800 square feet. It is located in the heart of ……
Retail businesses ‘have to be aware’ of China, says Shopify COO
… brands themselves.” Olivia Balsamo is a writer and producer at Yahoo Finance. Follow her on Twitter @BalsamoOlivia. Read more: ‘We are at war with China’ over cyber technology, says Tom Siebel … ( read…
Second Chinese Bank Collapses in Just Three Months
People’s Bank of China Saves Baoshang Bank, ICBC Rescues Bank of Jinzhou Earlier this year, the state – through the People’s Bank of China – took control of regional lender Baoshang Bank, the first ……
China nudges top tech firms from Tencent to Alibaba to give new life to struggling state giants
China is pushing ahead with plans to upgrade its lumbering state-owned enterprises, directing its leading technology firms to increase investment in underperforming SOEs. Internet companies such as … ( read original story …)
China destabilizing Indo-Pacific: U.S. Defense Secretary
SYDNEY (Reuters) – China is destabilizing the Indo-Pacific, U.S. Defense Secretary Mark Esper said on Sunday, charging Beijing with predatory economics, intellectual property theft and “weaponizing … ( read original story …)
China media warns Beijing won’t ‘sit idly by’ and let Hong Kong protests continue
Thousands of protesters took to Hong Kong’s streets on Sunday, a day after violent clashes between anti-government protesters and police, and as China’s official news agency warned Beijing will not … ( read original story…
U.S. says China destabilizing Indo-Pacific: Pentagon chief
SYDNEY (Reuters) – The United States says China is destabilizing the Indo-Pacific, U.S. Defense Secretary Mark Esper said on Sunday, charging Beijing with predatory economics, intellectual property … ( read original story …)
