The trade war heats up as the U.S. and China impose new tit-for-tat tariffs. Yahoo Finance’s Dion Rabouin, Seana Smith, and Dan Roberts discuss along with Third Seven Advisors market strategist Michae… ( read original…
Tagged By banking
Chinese banking sector warned it faces day of reckoning as decade of easy money ends
A moment of truth is arriving for China’s vast banking industry after a decade of exuberance, a senior regulator warned on Thursday. With the US Federal Reserve on track for further monetary tightenin… ( read…
China Tightens the Noose on 124 Offshore Cryptocurrency Exchanges
China’s government will take steps to further block access to more than 120 offshore cryptocurrency exchanges whose websites are still accessible on the mainland. Citing local financial news outlets, … ( read original story …)
China woos Wall Street as reciprocal US tariffs take effect
… trade tension produced by China’s state television broadcaster plays on a computer screen in Beijing © AP Instead, it has tried to appeal to US businesses by announcing market opening measures, es… ( read…
Beijing woos Wall Street as new reciprocal US tariffs take effect
Beijing is also cautious not to deter offshoring US corporations by stoking fears that China is a dangerous place to do business. Instead, it has tried to appeal to US businesses by announcing market ……
China banking and insurance regulator issues revisions to foreign ownership regulations
BEIJING, Aug 23 (Reuters) – China’s banking and insurance regulator published on Thursday revisions to existing regulations in line with Beijing’s plans to ease restrictions on foreign investment in t… ( read original story …)
China reports 4th outbreak this month of African swine fever
BEIJING — China on Thursday reported another outbreak of African swine fever that threatens the country’s crucial pork industry, but officials say they have the situation under control. The latest cas… ( read original story…
China Bolsters Its Economy as Debt and Trade Pressures Mount
“It’s a line in the sand for the leadership” of China, said Hao Hong, the research director for the international operations of the Bank of Communications, a Shanghai-based financial institution. Chin… ( read original story…
China central bank says will keep liquidity reasonably ample
BEIJING (Reuters) – China’s central bank said on Tuesday that it will keep liquidity reasonably ample but will not resort to strong policy stimulus. Policies will also be made more forward looking, fl… ( read…
For Ant Financial, IPO Was Here, Expected And Then Gone
News came at the beginning of this week that the hotly anticipated listing of Ant Financial, an affiliate of China’s Alibaba focused on electronic payments, is off the shelf — as in being pulled or…
China central bank to Trump: you’re just wrong about currency manipulation
China is not manipulating its currency and will not use it as a trade weapon against the US, a senior Chinese central bank official said on Tuesday, directly refuting Donald Trump’s allegation on Mond… (…
First-of-its-kind financial court gets down to work in Shanghai
The Shanghai Financial Court, which specializes in finance-related lawsuits and is the first of its kind in China, began operating on Monday. The new institution is meant to provide a better business … ( read…
China central bank official rebuts Trump’s claim it is manipulating the yuan
A senior official of the People’s Bank of China told a briefing on Tuesday that the yuan’s exchange rate is set by the market, rebutting President Donald Trump’s claim a day earlier that the country…
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