The move de-escalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much. [Yahoo Finance] Unexpected inflation jump … ( read original story…
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The Finance 202: Trump contains his inner Grinch, partially delaying new China tariffs
President Trump announced Tuesday that he is ending his war on Christmas. The president’s decision to delay some tariffs on $300 billion of Chinese imports set to take effect next month may have been ……
China Jinjiang Environment reports flat 2Q earnings of $30 mil as higher cost of sales and other losses offset revenue rise
Finance costs fell 5.4% to RMB60.3 million while income tax … Co — entered into a conditional agreement for the acquisition of 29.79% of the shares in China Jinjiang Environment, to become the … (…
China Expected to Roll Over Maturing Debt Amid Economic Slowdown
Photographer: Qilai Shen/Bloomberg Photographer: Qilai Shen/Bloomberg China’s central bank will likely roll over maturing debt to ease liquidity in the financial system as the economy slows amid the … ( read original story …)
China stocks fall as bank lending disappoints; more easing expected
CSI300’s with financial sector sub-index was lower by … according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize … ( read original…
Is Beijing Capital International Airport Company Limited (HKG:694) Potentially Undervalued?
Let’s take a look at Beijing Capital International Airport’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Check out our … (…
Currency manipulation charges against China are unfounded
On August 6, the US Treasury department designated China as a currency manipulator, dealing a fresh blow to the world economy and global financial markets that are already grappling with multiple … ( read original…
Genworth to Sell Canada Unit to Brookfield to Ease China Deal
(Bloomberg) — Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition … ( read original…
Yuan at right level, disorderly capital flows unlikely, People’s Bank of China official says
China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People’s Bank of China told … ( read original…
It’s a ‘perfect storm for China right now’: investment strategist
Matt Miskin, market strategist of John Hancock Investments, told Yahoo Finance’s On the Move, that what we’re seeing unfold is “the perfect storm for China.” “They’ve had foreign policy as an issue as … (…
Exclusive: Yuan at right level, disorderly capital flows unlikely – China central bank official
UPGRADING THE TRADE WAR? The real aim of the U.S. currency manipulator label is to disrupt China’s financial markets and its economy, said Chen Yuan, former chairman of the China Development Bank – … (…
China fixes its yuan midpoint at 7.0326 per dollar
China’s central bank set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than what analysts were expecting. It was the fourth consecutive session where the … ( read…
Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely
BEIJING (Reuters) – China’s yuan CNY=CFXS is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People’s Bank … ( read original story …)
