Trump rattled financial markets Thursday by announcing plans for 10% tariffs on $300 billion of Chinese goods, effective Sept. 1. That would extend penalty duties to almost all U.S. imports from China … ( read…
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China Smiles and Waits as World Cuts Rates
(Bloomberg Opinion) — China’s state-driven economic model has created many problems. Monetary policy isn’t one of them. With the U.S. Federal Reserve cutting rates this week and the European Central … ( read original story…
Trump hits China with more tariffs, sharply escalating trade dispute
Asked about the impact on financial markets, Trump told reporters: “I’m not concerned about that at all.” Moody’s said the new tariffs would weigh on the global economy at a time when growth is ……
Pompeo takes aim at China after Trump tariff hit
BANGKOK — U.S. Secretary of State Mike Pompeo on Friday hit out at China for predatory trade practices and human rights abuses that harm economic development. “For decades, China has taken advantage … ( read…
Trump hits China with more tariffs, says Xi moving too slow on trade
The news hit U.S. financial markets hard … economy at a time when growth is already slowing in the United States, China and the euro zone. The tariffs may also force the Federal Reserve to…
The Latest: UN chief worried about US-China tensions
3:42 p.m. The top Democrat on the Senate Finance Committee denounced Trump’s plan. “I am always first in line for getting tough on China,” said Sen. Ron Wyden of Oregon. “But Trump doesn’t have any…
China Bond Defaults Rebound Further in July
Risk appetite in China’s local bond market took a hit … Small and medium-sized banks and non-bank financial institutions are cutting their holdings of lower-rated credit bonds after regulators … ( read original story …)
U.S., China to keep talking on trade after little progress in Shanghai
Senator Chuck Grassley, a Republican from Iowa, one of the biggest exporters of corn and soybeans among U.S. states, and chairman of the Senate Finance Committee, said he was not surprised that China … (…
China’s tax cuts hit local govt coffers, may undermine stimulus
We still owe a lot of money,” said a local government official in eastern China who declined to be named. Finance ministry data show nationwide tax revenue rose just 0.9% in the first half from…
Pompeo rips into China, urges ASEAN to trust in US
“China has taken advantage of trade … Asked what the US response would be in the event of a Chinese military intervention in the financial hub, he said: “One thing this administration has been ……
Dollar falls against yen after Trump whacks China with more tariffs
Trump made the announcement in a series of tweets after an American delegation returned from trade talks in Beijing, saying China had failed … s first since the financial crisis, was not the … (…
China’s central bank has one less worry after the Fed’s rate cut, analysts say
The Federal Reserve cut its benchmark interest rate on Wednesday New York time for the first time since 2008. Against this backdrop of overall decline in rates, the People’s Bank of China can step ……
Should You Be Concerned About China Chuanglian Education Financial Group Limited’s (HKG:2371) Historical Volatility?
If you own shares in China Chuanglian Education Financial Group Limited (HKG:2371) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta … ( read original story…