She called her meetings with China’s No. 2 leader, Premier Li Qiang, and other officials “very productive” but said she “didn’t pull any punches” in conveying business complaints. Raimondo said CEOs ahead of her trip…
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U.S. Commerce Secretary Raimondo calls on China to provide more predictability for business
“My message was there’s a desire to do business, but we need predictability, due process and a level playing field,” Raimondo said. “They said that China wants to embrace American business,” she told CNBC. “So…
Tim Scott warns China, Big Tech having ‘malign’ influence on kids in new education plan
“I think China’s our looming threat,” he said … for America during the second Republican presidential primary debate on September 27 hosted by FOX Business at the Ronald Reagan Presidential Library in California.
China’s Shenzhen eases mortgage rules for first-home purchases
BEIJING :The Chinese tech hub of Shenzhen issued a notice on Wednesday saying it would let people take preferential loans for first-home purchases regardless of their credit record from Aug. 31, the …
James Cleverly says he has ‘raised human rights’ in conversations with China amid criticism from Tories – UK politics live
Prime minister says he will give police more powers to confiscate knives and will make it illegal to possess certain weapons. 13:43 A Sinn Fein MLA has said that at no point did he…
Guangzhou eases mortgage rules, banks flag risks as China steps up efforts to revive property sector
Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs and the country’s top banks flagged mounting risks from property sector turmoil, as Beijing ramps up …
Elon Musk Has Quietly Primed The Crypto Market For An Explosive Bombshell That Could Play Havoc With The Price Of Bitcoin, Ethereum, XRP And Dogecoin
Now, X has been granted a currency transmitter license by Rhode Island’s regulators, widely celebrated as a step toward the social network that Musk is hell-bent on trying to turn into a China “WeChat …
Top China bank ICBC posts 1.2% H1 profit rise
Industrial and Commercial Bank of China Ltd (ICBC), the country’s biggest lender, said on Wednesday net profit grew 1.2% year-on-year in the first half of this year.Profit was 173.74 billion yuan ($23 …
China’s Zijin Mining Slows M&A on Valuations, Geopolitical Risks
Most Read from Bloomberg Citadel Vets 69,000 Intern Applicants to Find Next Math Geniuses Putin Agrees to Visit China in First Trip Since Arrest Warrant What to Do With a 45-Story Skyscraper and No …
China chip stocks rally after Huawei’s low-key launch of new Mate 60 Pro phone
SHENZHEN, China/SHANGHAI (Reuters) -Chinese chip stocks rallied on Wednesday following Huawei Technologies’ launch of its new Mate 60 Pro phone, as investors speculated it could be using a 5G capable …
China says open for business, sidesteps US ‘uninvestible’ comment
China has defended its business practices after U.S. Commerce Secretary Gina Raimondo said American firms had told her it had become “uninvestible,” highlighting a trend of global investors turning …
Guangzhou eases mortgage rules as China ramps up efforts to revive property sector
Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisis-hit property sector and shore up the …
UPDATE 1-‘Uninvestable’ not a term to describe China, says EU Chamber of Commerce
U.S. Commerce Secretary Gina Raimondo said late Tuesday American firms had increasingly used the term to describe China, prompting Beijing to defend its business practices and approach to foreign …