Beijing has carried out anti-aircraft drills with missiles fired against drone targets over the South China Sea after the US challenged it by flying B-52 bombers across the region. China’s drills were intended to simulate…
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Beijing responds to US B-52 bombers flying over South China Sea with anti-aircraft drill
China Citic Bank outlines big ambitions for new Kazakh unit
ALMATY, June 15 (Reuters) – China Citic Bank Corp has set a target to more than triple the assets of its newly acquired Kazakh unit, Altyn Bank, within three years, saying it can take advantage…
China Targets U.S. Farm Imports With Tariffs on Soybeans, Corn
An additional 25 percent tariff will levied on about $50 billion of U.S. imports, China’s Ministry of Finance said Saturday in a statement on its website. Tariffs on about $34 billion of those imports will…
Trade War’s Battle Lines Drawn as U.S., China Set Tariff Lists
Consumer goods including mobile phones and televisions aren’t being hit with the tariffs. Hours later — early Saturday in China — the nation’s Finance Ministry issued a list of 545 product categories, also covering about…
Plummeting Import Tax Means Big Business for China’s Jewelry Market
As China’s jewelry import tax drops by an average of 20.7 percent, opportunity knocks for foreign luxury brands looking to boost mainland China sales. According to a recent announcement by the Ministry of Finance of…
China Unicom Becomes Oversold
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is…
Trump’s China Tariffs Met With Retaliation Vow From Beijing
The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate…
U.S. and China Expand Trade War as Beijing Vows to Match Trump’s Tariffs
WASHINGTON — The Trump administration said on Friday that it would move ahead with imposing tariffs on $50 billion of Chinese products, drawing a vow of retaliation from Beijing and escalating a trade war between…
Trump administration slaps tariffs on $50B US of China imports
China has said that it will retaliate with $50 billion US in tariffs in response, rattling financial markets. Trump has vowed to fulfil his campaign pledge to crack down on what he contends are China’s…
As Markets Open, China Volatility A Possibility In Regional Markets
For example, consider how the two markets reacted to the same news about China Unicom, a leading telecom group. On October 18, 2016, China Unicom warned that its annual earnings would drop sharply, although top-line…
Company Names Tribunal decision: China Unicom Limited
Applicant China Unicom (Europe) Operations Limited objected to the name used by China Unicom Limited under the Companies Act 2006. This decision was undefended. ‘Undefended’ refers to decisions where there has been no defence in…
Why China’s central bank is taking a different path from the Fed on interest rates
China’s national aggregate finance, the broadest measure of credit, plunged to 760.8 billion yuan (US$118.9 billion) in May, almost half the level in April, as Beijing continued to target shadow banking activities. Liang Hong, chief…
China vows action against ‘blind’ electric vehicle growth
China is aggressively pushing the new energy vehicle (NEV … “At present, new energy vehicle technology is improving very quickly, and the scale of the market is gradually expanding, but there are also indications of…
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