Expectations that it is moving to a more cautious approach have shifted wildly this week after a sudden blowup in the U.S.-China relations. Chinese banks extended 1.02 trillion yuan ($150.16 billion) … ( read original…
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China vows retaliation if Trump raises tariffs
“China deeply regrets that if the U.S. tariff measures are … If talks break down and tariff hikes go ahead, “risks of a financial market collapse, extreme risk aversion and sharp slowdown in global ……
China says it will retaliate if Trump boosts tariffs
BEIJING — China said Thursday it will retaliate if U.S. President … but gave no details of possible penalties. Trump threw global financial markets into turmoil with his surprise threat Sunday to … ( read…
China says it will retaliate if Trump raises tariffs
BEIJING — China said Thursday it will retaliate if President Donald … but gave no details of possible penalties. Trump threw global financial markets into turmoil with his surprise threat Sunday to … ( read…
China warns of ‘countermeasures’ against U.S. products if Trump increases tariffs
BEIJING — China warned Wednesday of retaliation if President Trump … This sudden shift sent Asian financial markets tumbling. Wall Street also has taken a hit. But U.S. investors Wednesday were more … ( read…
China banks temper April lending as debt worries rise, but all eyes on U.S. trade threat
While China’s April lending levels have tended … with piles of debt – a legacy of massive stimulus during the global financial crisis in 2008-09 and subsequent downturns. ( read original story …)
China’s gargantuan money market fund is a sign of strength—and deep imbalances
When Ant Financial added a money market fund to its payment app, few people expected it to become the biggest in the world a couple of years later. Its runaway success is a sign of…
Ant Financial rolls out ‘mutual aid’ plan for seniors on Xiang Hu Bao platform
Ant Financial has launched a new cancer-focused health plan on mutual aid platform Xiang Hu Bao to serve the growing number of senior citizens in China. According to the company, the product hopes to ……
US Commission to vote on proposal to ban China Mobile from entering American market
“Senator, hopefully, the FCC will vote on Thursday to agree with my proposal to ban China Mobile from entering the US market,” Ajit Pai, the Chairman Federal Communication Commission (FCC), told … ( read original…
The Finance 202: U.S.-China trade deal hits speed bumps
Brian Klein, who was posted in Beijing, said the administration is assuming too much … and what will be revealing is what happens on Thursday.” You are reading The Finance 202, our must-read … (…
China’s April exports fall ahead of US tariff talks
BEIJING — China’s exports fell unexpectedly in April … Wednesday’s announcement of trade data came after President Donald Trump sent global financial markets plunging with a surprise threat of more … ( read original story…
China April bank lending seen moderating, policy support still on track: Reuters poll
BEIJING (Reuters) – New bank loans in China likely pulled back in April from strong levels the previous month, but may still outpace the historical trend as the central bank keeps up efforts to ……
Bank of America says there are 5 reasons a deal in the US-China trade war is just around the corner
The US-China war’s latest chapter sent markets into freefall and roiled investors. But Bank of America says a resolution may be just around the corner. After months of calm during a trade-war truce, … (…
