China’s Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison’s port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based …
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China Access for Hundreds of US Meat Exporters in Doubt as Trump 1.0 Deal Nears End
CHICAGO/BEIJING (Reuters) – Hundreds of U.S. meat plants granted access to China in a 2020 “Phase 1” trade deal with President Donald Trump are set to lose export eligibility on Sunday, threatening roughly $5 billion…
Map Shows America’s Shipyards Disappear as China’s Naval Empire Rises
The U.S. Navy has only four active public shipyards. Meanwhile, China has at least 35 sites with known ties to military or national security projects, according to CSIS researchers Matthew Funaiole, Brian Hart and Aidan…
Crypto Reportedly Fueling Russia’s $192B Oil Trade With China and India, Insiders Reveal
Russia is increasingly using Bitcoin, Ether, and stablecoins like Tether in its oil trade with China and India. Finance Minister Anton Siluanov previously confirmed that …
Russia using Bitcoin, USDt for oil trades with China and India: Report
Russian oil companies have been using Bitcoin and Tether USDt to handle international oil trade with China and India, according to a new report.
China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more.
China Mulls 50% Pay Cuts for Underperforming Fund Managers
China is considering slashing pay of fund managers who underperform their benchmarks as part of a broad overhaul of the nation’s 33 trillion yuan ($4.6 trillion) mutual fund industry aimed at boosting long-term investments,
Exclusive: China state firms curb Russian oil imports on sanctions risks, sources say
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S.
Asian shares advance, despite Wall Street’s tumble, as China pledges to boost consumer spending
Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending.
China’s biggest challenge now is finding way to spend more money
With Trump jacking up tariffs on China, it’s now more important than ever to meet spending targets. Read more at straitstimes.com.
Russia using cryptocurrency for oil trade with India, China to beat sanctions: Sources
Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in converting currencies such as …
Why China Is Worried About Trump’s Tariffs on Mexico
China’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump.
Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say
Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest …
