BEIJING (Reuters) – Bank of China’s New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhu… ( read…
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Trade Wars: China’s 2019 To-Do list includes tackling spat with US
The U.S. president is increasingly eager to strike a deal with China in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with inter……
China hawks fear Trump will yield in trade war
Richard Neal, the chairman of the House Ways and Means committee, which has oversight over US trade policy, told the Financial Times that US-China policy had to be “in the best interests” of America “…
Xi’s Leading China Toward Stagnation
China’s economic rise over the past two decades has been … He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian. ( read original story…
Asian Development Bank chimes in with dire prediction for China’s 2019 economic growth if trade war deteriorates to worst-case scenario
The outcome of the ongoing US-China trade war will be critical to how China’s economy and those of other Asian nations perform this year, the Asian Development Bank’s president said. If relations were … (…
China Yuan Defies Economic Slowdown, for Now, With Fed Help
Even after data on Thursday showed a sharp downturn in China’s factory-gate price gains, the yuan hit its strongest against the dollar since July. It’s up more than 1.5 percent so far this week, despi……
Chinese growth is more of a concern than the American economy right now, private bank says
VP Bank’s Felix Brill said investors should expect more market volatility due to the ongoing U.S.-China trade war negotiations. In fact, he said, the Chinese economy is a bigger cause for concern at t… (…
China Fintech Today: A new column about China’s financial technology sector
This is the first of a biweekly roundup of news from one of the most innovative sectors of the Chinese economy: financial technology, or fintech. China is where some of the most exciting advances in…
China hushes up scheme to recruit overseas scientists
China has asked officials to stop mentioning its premier programme to recruit the brightest tech talent from overseas, after growing suspicions over the scheme from the US. Late last year, the governm… ( read original…
China still borrows billions in low-cost loans from World Bank, as Trump administration pushes back
The second-largest economy in the world is still borrowing billions from the World Bank. China gets below-market rates for projects financed with loans from the World Bank’s International Bank for Rec… ( read original story…
China ambassador accuses Canadian elites of ‘white supremacy’
Michael Kovrig, a former Canadian diplomat, and Michael Spavor, a North Korea expert, were detained in China last month after Beijing threatened to retaliate against Ottawa for arresting Huawei chief … ( read original story…
China says trade talks with U.S. set foundation to resolve concerns
SHANGHAI/BEIJING (Reuters) – Trade talks between China and the United States this week were extensive, and helped establish a foundation for the resolution of each others’ concerns, China’s commerce m… ( read original story …)
In Beijing talks, U.S. seeks details on Chinese goods purchases, trade promises
BEIJING/WASHINGTON, Jan 9 (Reuters) – U.S. officials used three days of trade talks in Beijing to demand more details on China’s pledge to make big purchases of American goods, as well as to push ……