BEIJING — The Latest on China-U.S. trade talks in Beijing (all times local): 4:45 p.m. China’s Commerce Ministry says U.S. officials have agreed at trade talks to raise China’s objections to sanctions levelled against Chinese…
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Trump praises China’s Xi as trade talks begin in Beijing
BEIJING (Reuters) – U.S. President Donald Trump on Thursday … As Mnuchin arrived, Trump tweeted: “Our great financial team is in China trying to negotiate a level playing field on trade! I look forward to…
China: UBS seeks 51% stake in its banking joint venture
One bank is already taking the plunge. Switzerland’s UBS (UBS) said Thursday that it would seek control of its joint venture in China by upping its stake in the business to 51%. It would be…
The Finance 202: Trump team faces long odds for trade breakthrough in Beijing
Treasury Secretary Steven Mnuchin is seen as he and a U.S. delegation for trade talks with China arrive at a hotel in Beijing. (Reuters/Jason Lee) Spare a thought for the Trump team arriving in Beijing…
Beijing financial markets mature as China turns grey
Far-reaching reforms of China’s financial system offer global asset managers the tantalising prospect of access to a vast investment market with lucrative profit streams. China is on course to be the world’s second-largest fund market…
UBS Group becomes first global bank to apply for majority control of Chinese securities venture
an asset management unit of the Beijing city government, owns 34.73 per cent. Sergio Ermotti, the UBS chief executive, said earlier this year that the bank planned to grow its business in the region and…
US-China trade talks centre on rivalry over technology
President Donald Trump said he expected relations with Beijing to stay on an even keel. “Our great financial team is in China trying to negotiate a level playing field on trade!” he said on Twitter…
UBS tests China’s promise to allow foreign-owned banks
China just announced new rules that will allow foreign banks to take full control of their operations in the country. One bank is already taking the plunge. Switzerland’s UBS (UBS) said Thursday that it would…
How long before China’s massive debt, shadow banking, ghost cities, and massive loans break the nation apart?
Discover a card with a $0 annual fee & double cash back rewards. The highest paying cash back card has just hit the market. “So the CIA can’t read the tables properly because they don’t…
The Latest: US officials arrive in Beijing for trade talks
BEIJING (AP) — The Latest on China-U.S. trade talks in Beijing (all times local): 11:15 a.m. U.S. officials say a delegation led by Treasury Secretary Steven Mnuchin has arrived in Beijing for talks on a…
Chances for U.S.-China trade breakthrough seen slim in Beijing talks
WASHINGTON/BEIJING (Reuters) – The most likely outcome for tense … Mnuchin and new White House economic adviser Larry Kudlow are seen as likely to favor a package that keeps financial markets on an even keel…
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS Group AG submitted an application to acquire a majority stake in its Chinese securities venture, becoming the first global bank to take advantage of Beijing’s latest commitment to open its financial markets to foreign…
The Latest: Trump tweets ties with China will stay ‘great’
45 a.m. President Donald Trump has said on Twitter that he expects to maintain smooth relations with China. “Our great financial team is in China trying to negotiate a level playing field on trade! I…
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