China faces two major issues due to financial underdevelopment: widespread reliance on indirect finance and inability of credit to spread evenly throughout the economy. Many of China’s non-bank … ( read original story …)
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Trump has tried to decouple from China, but ending US reliance on the country would cost America nearly $14 trillion, EY warns
Covid-19: Coronavirus wreaks havoc in China again—nearly 80,000 cases in a month; what is the situation in India?
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China wants to end AI romances
China and Xi are seen more favorably than the U.S. and Trump in many nations, new survey says
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China’s Financial Restructuring
Alternative Reality: China and Russia Might Be Libra’s Refuge
If so, it would bring a series of economic, financial and even international political consequences.” Ren Zhengfei, Founder and CEO of Chinese telecommunications giant Huawei, has also called for the … ( read original story…
China will boost economy but won’t use property market for stimulus-Politburo
BEIJING — China will step up efforts to boost demand and support the economy, but will not use the property market as a form of short-term stimulus, a top decision-making body of the ruling ……
Trump Cites ‘Problem With China’ on Trade, Sending Futures Lower
(Bloomberg) — President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., even as the two ……
SECOO Partners with Seven Luxury Brands to Provide One-Stop-Shopping for Exclusive Gifts this Chinese Valentine’s Day
and giving rise to a new fashion trend in China. Today, SECOO has become a leading Chinese premium lifestyle platform, maintaining more direct contracts with luxury brands than any other industry … ( read original…
China: Property market is not out of the woods yet – Standard Chartered
EUR/USD is trading below 1.1150, marginally lower. French GDP missed with 0.2% in Q2. German inflation numbers are eyed and tensions are mounting ahead of the Fed decision on Wednesday. GBP/USD has … ( read…
Huawei’s China smartphone shipments surge as competitors like Apple tumble
Huawei’s smartphone shipments in China soared 31% in the second quarter … entity list that required companies to receive special licenses to sell or transfer technology to Huawei. U.S. officials … ( read original story…
China leads in Fortune Global 500 list of firms
“China’s performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off,” said Jiang Qingyun, a business … ( read original story …)
US-China trade talks resume with low expectations of breakthrough
China’s foreign ministry retorted that the Trump administration … to a document cobbled together this spring as a basis to proceed, said Chris Krueger of financial services company Cowen Group. “The … ( read original…
China-US trade talks to restart after G-20 tariff truce
The negotiations in China’s financial hub will be the first face-to-face discussions since negotiations collapsed in May. Beijing: The US and Chinese negotiators meet in Shanghai on Tuesday to … ( read original story …)
As trade war bites, China’s factories set for third month of shrinking activity: Reuters poll
In a row that has dragged on for more than a year, the world’s two largest economies have slapped billions of dollars of tariffs on each other’s imports, disrupting global supply chains and shaking ……
How China uses infrastructure as a means of control
“Internationally, especially with regards to the developing world, infrastructure is the most effective and efficient way for China to do deals, to channel aid, to make ‘soft power’ gains and to seek … ( read…
Online sales platforms helping make luxury brands more affordable
discounted Louis Vuitton and cut-price Chanel – thanks to the rise of platforms selling secondhand goods in China, luxury brands are no longer out of reach. Wang Xingyang, a 29-year-old financial … ( read original…
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