Treasury Secretary Janet Yellen said Thursday that it would be a mistake for the U.S. and China to “decouple,” warning of disastrous economic consequences.
Recent Posts
China Sees Another Month of Negative Inflation. It’s a Problem for Alibaba, JD.com, and Other Stocks.
The new month of negative inflation–the consumer price index dropped 0.2% from a year earlier in October–isn’t quite deflation. Stocks in Alibaba and JD.com were falling.
China’s Consumer Prices Are Falling Again. It’s a Problem for Alibaba, JD.com, and Other Stocks.
The new month of negative inflation–the consumer price index dropped 0.2% from a year earlier in October–isn’t quite deflation. Stocks in Alibaba and JD.com were falling.
Beijing’s Financial Street to accelerate high-level financial opening-up, build new global financial hub: FSF report
In order to promote the high-quality development of the Financial Street in Beijing’s Xicheng district, which has been dubbed the National Financial Management Center, it is suggested to accelerate …
More Executives Vanish in China, Casting Chill Over Business Climate
An executive at a video-streaming platform and another at a pharmaceutical company joined the growing list of Chinese business and political figures have vanished or been detained this year.
China’s Big Warning to a Small European Nation
Taiwan’s foreign minister is on a tour of the three Baltic states, as the self-governing island mulls opening a representative office in Estonia.
US and Chinese finance ministers open talks ahead of Biden-Xi meeting
U.S. Treasury Secretary Janet Yellen and her Chinese counterpart, Vice Premier He Lifeng, are meeting Thursday in San Francisco to discuss economic issues between their countries.
Ex-bank president pleads guilty to bribery
Tian Huiyu, former president of China Merchants Bank, pleaded guilty to accepting more than 210 million yuan ($28.8 million) in bribes on Thursday while on trial in Changde, Hunan province.
China Sees Another Month of Negative Inflation. It’s a Problem for Alibaba, JD.com, Other Stocks.
Economic data out of China showed consumer prices are falling from a year ago. It’s a bad sign as the world’s second-biggest economy tries to revive itself after the Covid-19 slump. The news wasn’t …
Knife attack kills one in south China’s Shenzhen
SHENZHEN – One person was killed and three others were injured in a knife attack in Shenzhen City, south China’s Guangdong Province on Thursday evening, according to local authorities. The incident …
Tokyo seeking summit with Beijing, signaling possible US visit by Chinese leader
Japan’s top security advisor visiting Beijing to discuss potential meeting between Prime Minister Kishida, Chinese President Xi Jinping – Anadolu Ajansı …
Beijing’s innovation, opening-up efforts in financial sector more attractive for foreign players: expert
Neolix’s case is an example of Beijing’s broad push in accelerating reforms in the financial sector, and better serving the real economy. Since its official launch in 1993, Beijing’s Financial Street …
Japanese official visits Beijing to coordinate Kishida-Xi summit
A high-ranking Japanese official is in Beijing to coordinate a summit between Prime Minister Kishida Fumio and Chinese President Xi Jinping.