Despite the People’s Bank of China’s loosening of the renminbi’s previously tight peg to the dollar in recent years, the currency still tracks the greenback’s movements more closely than other emerging market currencies. “The renminbi…
Featured Posts Title
300 million tourists just visited China’s stunning Xinjiang region. There’s a side they didn’t see
Here’s an idea why Secretary of State Pompeo keeps spreading the conspiracy theory that coronavirus escaped from a Chinese lab
Shenzhen to host APEC 2026, Xi calls city “miracle”, invites world leaders
US to announce Nexperia’s China facilities will resume shipments, source says
China to host 2026 Apec meeting in Shenzhen, ‘vigorously’ push AI cooperation
South Korea to woo China’s Xi with state summit as APEC wraps up
Pony.ai wins first citywide license for driverless commercial robotaxis in Shenzhen
Recent Posts
Renminbi resilience lets Chinese central bank loosen grip
China’s life insurers see fall in income as regulator crackdown bites, but e-commerce boom lifts online insurance business
In a briefing on Friday, the China Banking and Insurance Regulatory Commission (CBIRC) said that total premium income for all insurers fell 7.84 per cent on year to 1.7 trillion yuan (US$258.6 billion) from January…
China to use depository receipts for offshore equities as country is unprepared for dual-class stocks
As an international financial hub, Hong Kong has a valuable role to play to support mainland China’s commitment to open and reform its economy, said the former People’s Bank of China governor Zhou Xiaochuan, at…
Yuan Gives Comfort to Analysts as China-U.S. Yield Gap Dwindles
China’s 10-year bonds yield just 65 basis points more than Treasuries, near the smallest premium since 2016. The People’s Bank of China Governor in April described a 90 basis-point gap as “comfortable”, and noted that…
China threatens to pull U.S. trade deal if Trump’s tariffs continue
China warned Sunday after another round of talks on a sprawling … carried by the official Xinhua News Agency. The negotiating process should be “based on the premise” of not fighting a “trade war,” the…
China warns US trade deals are off if tariffs go ahead
The purchases are meant to reduce America’s massive trade deficit in goods and services with China, which last year came to $337 billion, according to the U.S. Commerce Department. After the apparent cease-fire, global financial…
China warns U.S. trade deals off if tariffs go ahead
“If the United States introduces trade sanctions including a tariff increase, all the economic and trade achievements negotiated by the two parties will not take effect,” said the Chinese statement, carried by the official Xinhua…
China warns US sanctions will void trade talks
These are external links and will open in a new window China’s state news agency Xinhua has warned that all trade talks between Beijing and Washington will be void if the US introduces trade sanctions.…
New US tariffs would make trade deals void, China says
Our established rhythm will not change,” said Xinhua, China’s official news agency. The agreement came several weeks after each country threatened to impose $150 billion tariffs on each other’s goods and services. Last week the…
Talks end with China warning trade benefits at risk if U.S. imposes tariffs
carried by the official Xinhua news agency, made no mention of any specific new agreements after U.S. Commerce Secretary Wilbur Ross met Chinese Vice Premier Liu He. It referred instead to a consensus they reached…
Crafty crayfish removes own claw to escape China hotpot
The country is the world’s largest source of the crustaceans, according to China’s state news agency Xinhua, citing a report by the Ministry of Agriculture and Rural Affairs. Output in China rose to 852,300 tonnes…
Newt Gingrich: China’s embrace of Marxism is bad news for its people
Yet what all the pro-Marxist, pro-socialist speakers ignore is the human cost of Marxism. In the name of Marx, Vladimir Lenin established the Soviet Union as police state that killed millions. Josef Stalin succeeded Lenin…
Scammers force student into hiding, threaten family in China, Calgary police say
“The duress it puts the family in is unbelievable,” acting duty inspector Jeff Bell said at a news conference Friday afternoon. On May 5, a family in China contacted their local police to report they…
