An official Chinese think tank attributed the rise in exports partly to Beijing’s Belt and Road initiative, a program that aims to boost business and trade ties with dozens of countries across the … (…
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Putin turns again to China’s Xi as Russia’s clout crumbles
China identifies countries of 261 foreigners missing in Himalayan mudslide
China’s president gets out and about
Rescuers pump air into hydropower tunnel in search for missing workers after Nepal-China flooding
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Beijing expands purge of top generals
China rebuts claims it could have given Nepal warning of deadly floods
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China posts best export growth in months, but more U.S. tariffs may cut rebound short
China sets yuan fixing stronger than expected:: Morning Brief
Read more China sets yuan fixing stronger than expected: The yuan steadied on Thursday after China’s central bank set the daily fixing stronger than analysts expected, providing some reassurance to … ( read original story…
China imports from US fall 19% in July amid trade war
Washington and Beijing are locked in an increasingly costly tariff war over U.S. complaints China steals or pressures companies to hand over technology. The United States and other Chinese trading … ( read original story…
China lowers yuan’s trading range but currency stabilizes
BEIJING — China lowered the trading range for its currency for a fourth day on Thursday, showing its potential for use as a trade weapon against Washington, but the exchange rate steadied following … (…
Brexit and US-China trade war hits major property provider
One of the world’s largest property providers, Savills (SVS.L), revealed that Brexit uncertainty and the ongoing US-China trade war is hitting its bottom-line. In the group’s half year results, for … ( read original story…
China’s yuan weakens after signs of stability calm markets
Washington responded by declaring officially that China improperly manipulates its exchange rate, opening the way for possible sanctions. On Tuesday, central bank officials told foreign companies “the … ( read original story …)
China’s Yuan Fix Is Unmissable These Days for Currency Traders
(Bloomberg) — China’s central bank is under pressure to issue its weakest currency fixing in more than a decade, a move that risks spurring more losses in the yuan. The People’s Bank of China set…
China’s Official Yuan Rate Crosses 7-Per-Dollar Milestone
China set a daily anchor for trading in its currency at the weakest level since 2008 on Thursday, crossing the symbolic 7-per-dollar threshold that the central bank had already allowed markets to … ( read…
China Scoops Up More Gold for Reserves During Trade War
China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million … (…
China c.bank denies rumors about interest rate cuts
BEIJING — China’s central bank on Wednesday denied, and dismissed as untrue, rumors circulated online about its decision to cut the benchmark deposit and lending interest rates from August 10 … ( read original story…
Circulating in China’s financial system: more than $200 billion in IOUs
China’s trade war with the United States has escalated in … the government is clamping down on other ways that property companies raise money, like through the shadow banking system. Property … ( read original…
China fixes yuan below 7.0
In its daily yuan fixing operation, the Peoples Bank of China adjusted the mid-value of the yuan to 7.0039 per US dollar, the first time it has been below 7.0 per dollar since April 2008.…
Three scenarios: From mild to ‘scorched earth,’ how the U.S.-China trade war could hit Canada and the Canadian dollar
The escalating U.S.-China trade war threatens to sideswipe Canada’s economy and the Canadian dollar. The impact may not be huge, but it comes at a crucial time as Canada tries to pick up after a…