WASHINGTON — U.S. President Donald Trump accused China of manipulating its currency after Beijing let the yuan fall to a politically sensitive level against the U.S. dollar for the first time in 11 … (…
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Trump accuses China of manipulating currency as yuan weakens
China plans pilot project to drop all duties at Shanghai Free Trade Zone, sources say
This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer China is planning a pilot project to drop all duties and ease procedures at its Shanghai Free … ( read…
China Becomes Largest Export Market for European Films
China has replaced North America as the largest export market, by admissions, for European movies, according to Europe’s Audiovisual Observatory. Research results released Monday show that China … ( read original story …)
China Signals No Surrender to Trump’s Latest Tariff Threat
China wasted very little time in signaling on Monday that President … For even more: Subscribe to Bloomberg All Access for full global news coverage and two in-depth daily newsletters, The Bloomberg … ( read…
China just let its currency fall to an 11-year low — a sign Beijing is ready fight back in Trump’s trade war
China’s central bank on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade, citing the trade war as the reason for devaluing the currency. It’s…
China’s new Star Market turns dozens of founders into overnight billionaires, while some small investors nurse heavy losses
Some small investors may be nursing losses after taking a punt on China’s new board for technology companies, but many of the senior executives of the listed start-ups are celebrating a windfall. The … (…
China’s softer stance on insurance market entry sets the bar too high for smaller insurers, analysts say
China’s latest relaxation on foreign insurance companies entering the country is welcome news for many global brands, yet smaller players appear to have been left out in the cold, according to … ( read original…
Promotions and patriotism: ‘Battle Mode’ Huawei sees China smartphone sales surge
amplifying the brand’s existing broad appeal in its home market – a market it is increasingly dependent on as Washington’s ban on sales of U.S. components and software to Huawei hammers overseas … ( read…
All the bubble tea recipes in China turn up online, but will brands bite back?
Some of China’s most popular bubble tea recipes are being sold online – although sceptics are questioning their authenticity and usefulness. Originally from Taiwan, bubble tea – a tea-based drink with … ( read original…
Cryptocurrency in China: Over the Counter, Under the Table
There remains a great deal of confusion surrounding the legal status of cryptocurrency in China. Related: South Korea Declares Partial ‘Regulation-Free’ Zone for Crypto Companies Between … ( read original story …)
China will deepen regional financial reforms, lower funding costs
BEIJING (Reuters) – China will deepen its regional financial reforms, using various policy tools to lower corporate funding costs, especially for small firms, Chen Yulu, a vice governor of the … ( read original story…
Flex says China jobs impacted after Huawei row
Chinese financial magazine Caixin reported late on Sunday that some 10,000 Flex jobs in China were expected to be cut as two major factories in Changsha and Zhuhai had stopped work due to its row…
Tumble by China’s yuan sends most Asian currencies into a tailspin
The yuan sank nearly 1.5% to 7.042, breaching the key level for the first time since the global financial crisis in 2008. The closely-managed currency’s move lower sets the stage potentially for … ( read…
