S&P, which in January won a license to rate China’s onshore bonds, mainly relies on local financial data providers and the clearing houses to help monitor defaults. “Some such cases are recognized as … (…
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Recent Posts
Secret Bond Deals Making China’s Debt Market More Confusing
China and US agree to keep talking trade
The US Trade Representative’s office said it planned to hold a public hearing next month on the possibility of imposing duties of up to 25 per cent on a further $US300 billion worth of imports…
China Cuts U.S. Treasury Holdings to Lowest Level Since 2017
The data preceded the recent deepening of the trade war between the U.S. and China that’s rattled financial markets and cast a shadow over the global economy. Both sides slapped new tariffs on the ……
The Luckin Coffee IPO: What You Need To Know
A young coffee chain is trying to become the “Starbucks of China,” and it wants to give your income a little kick. The IPO Luckin Coffee Inc. will issue 30 million shares on the Nasdaq…
‘Still a lot of work to do’: Steven Mnuchin expects to visit Beijing ‘in near future’ for US-China trade talks
He has led trade negotiations with Beijing alongside US Trade Representative Robert Lighthizer. Speaking at a subcommittee of the Senate Appropriations Committee, Mnuchin said he will attend a meeting … ( read original story …)
No easy options for China as trade war, U.S. pressure bite
The State Council Information Office, finance ministry and commerce ministry did not immediately respond to Reuters’ requests for comment. Of the retaliatory options available to China, none come … ( read original story …)
Why new U.S.-China tariffs ‘will have no impact on the real heart of the problem’
Even though trade tensions between the U.S. and China have been heating up lately … and they’re developing that technology faster than we can,” he said on Yahoo Finance’s The First Trade. This, in ……
How foreign groups fare in China’s slowing two-track economy
China’s biggest economic slowdown in three decades is provoking angst among companies that have become used to its booming economic expansion. The pain is not evenly spread, however, as a Financial … ( read original…
Unlike Trump, China can afford to play the long game on trade
The U.S.-China bilateral trade negotiations are back in the news after a brief respite, and media pundits and stock markets have reacted with predictably negative sentiment. This recent dust-up … ( read original story …)
Mnuchin to visit China soon as trade war clouds global economy
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to China soon to continue … over the global economy and financial markets. … ( read original story …)
China Mobile & Huawei Launch First Ever Live 4K Stream Over A 5G Network
While live 4K ultra HD broadcasting of content over the air on public and cable TV networks is still barely a thing, it is at least making some headway through the newest in cellular network…
Mnuchin says U.S.-China trade talks likely to continue in Beijing as tariff war rages on
U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing soon to continue negotiations with Chinese counterparts as the world’s two biggest economies try to salvage … ( read original story…
U.S.-China trade talks likely to continue in Beijing, Treasury Secretary Steven Mnuchin says
U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing soon to continue negotiations with Chinese counterparts as the world’s two biggest economies try to salvage … ( read original story…
