Despite a trade truce, Trump has just made it clear that Nvidia’s flagship AI GPUs from its Blackwell lineup will not be allowed to be sold to China.
Tagged By banking
China VP hopes Hong Kong can strengthen financial links with mainland
Chinese Vice Premier He Lifeng said on Tuesday he hopes Hong Kong will strengthen co-operation with mainland China’s economic and financial sectors which would allow the city to enhance its status as …
China cuts gold tax exemption as state bank stops gold product enrolments
SHANGHAI (Reuters) -A Chinese state bank closed retail gold accounts to new investors on Monday, two days after Beijing tweaked a long-standing tax exemption for the metal that is likely to hit retail …
Global influence of Beijing’s Financial Street hits new high
The Annual Conference of Financial Street Forum 2025, held in Beijing from Oct 27 to 30, featured 38 high-level parallel events, drawing over 400 ministerial-level officials, leaders of international …
China’s finance ministry sets up new debt management department
China’s Ministry of Finance set up a new debt-management department, it said on Monday, the latest step in its effort to rein in local debt risks as the economy slows. The department’s main …
China cuts gold tax exemption for some retailers which may curb buying
China ended a long-standing tax exemption policy for some gold retailers on Saturday, potentially setting back a buying spree for the precious metal in the world’s biggest consumer market. Beijing wil …
Xinhua Silk Road: Annual Conference of Financial Street Forum 2025 concludes with fruitful results
The Annual Conference of Financial Street Forum 2025 concluded on Thursday with a theme event on international economic and trade resilience cooperation amid global transformations.
Indonesia’s China-backed bullet train derailed by mounting debt
The Indonesian government is in debt negotiations with China over its $7.3bn “Whoosh” bullet train, as the Beijing-backed high-speed railway racks up losses and risks creating an unmanageable debt …
Gold Falls on Reports of China’s Finance Ministry Ending Tax Incentive for Gold Sales
Gold fell in the early Asian session on reports that China is ending a tax incentive for sales of the precious metal, effective Nov. 1.
Bitcoin Eyes Liquidity Race As Fed Injects $29 Billion While China Floods Markets
The Fed’s $29B repo injection and China’s record liquidity push signal a global easing wave that could ignite Bitcoin’s next major rally.
Trump tariffs live updates: White House releases new details on US-China trade deal, including curbs on rare earth export controls
Yahoo Finance is chronicling the latest news and updates on President Trump’s plans to impose tariffs on goods from other countries.
Asian Infrastructure Investment Bank confirms plan for Hong Kong office next year
Preparatory work is progressing well, the Post has learned from the Beijing-headquartered multilateral development bank.
China’s wealthy flock to Hong Kong for global investment opportunities, banker says
An increasing number of wealthy customers from mainland China are using Hong Kong to diversify their investments and expand their businesses globally, according to a senior executive of Hong …
