SHANGHAI (Reuters) – China’s offshore yuan hit a record low on Tuesday, fuelling fresh selling in global financial markets, after the United States branded Beijing a “currency manipulator … ( read original story …)
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Global stocks deepen losses as U.S. brands China currency manipulator
U.S. Treasury Secretary Steven Mnuchin said on Monday the government had determined that China is manipulating its currency, and that Washington would engage with the International Monetary Fund … ( read original story …)
China’s yuan falls below sensitive level of 7 to US dollar
BEIJING – China allowed its yuan to fall below the politically sensitive level of seven to the U.S. dollar for the first time in 11 years on Monday, raising the possibility Beijing might use ……
Trump accuses China of manipulating currency as yuan weakens
WASHINGTON — U.S. President Donald Trump accused China of manipulating its currency after Beijing let the yuan fall to a politically sensitive level against the U.S. dollar for the first time in 11 … (…
China plans pilot project to drop all duties at Shanghai Free Trade Zone, sources say
This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer China is planning a pilot project to drop all duties and ease procedures at its Shanghai Free … ( read…
China Becomes Largest Export Market for European Films
China has replaced North America as the largest export market, by admissions, for European movies, according to Europe’s Audiovisual Observatory. Research results released Monday show that China … ( read original story …)
China’s new Star Market turns dozens of founders into overnight billionaires, while some small investors nurse heavy losses
Some small investors may be nursing losses after taking a punt on China’s new board for technology companies, but many of the senior executives of the listed start-ups are celebrating a windfall. The … (…
China’s softer stance on insurance market entry sets the bar too high for smaller insurers, analysts say
China’s latest relaxation on foreign insurance companies entering the country is welcome news for many global brands, yet smaller players appear to have been left out in the cold, according to … ( read original…
Promotions and patriotism: ‘Battle Mode’ Huawei sees China smartphone sales surge
amplifying the brand’s existing broad appeal in its home market – a market it is increasingly dependent on as Washington’s ban on sales of U.S. components and software to Huawei hammers overseas … ( read…
All the bubble tea recipes in China turn up online, but will brands bite back?
Some of China’s most popular bubble tea recipes are being sold online – although sceptics are questioning their authenticity and usefulness. Originally from Taiwan, bubble tea – a tea-based drink with … ( read original…
Cryptocurrency in China: Over the Counter, Under the Table
There remains a great deal of confusion surrounding the legal status of cryptocurrency in China. Related: South Korea Declares Partial ‘Regulation-Free’ Zone for Crypto Companies Between … ( read original story …)
GM looks to the future by investing in technology
We believe technology is the key to turn the vision into reality,” said Matt Tsien, GM executive vice-president and president of GM China, on Tuesday in Shanghai. Improving research and development of … ( read…
China Mobile HK Opens Hong Kong’s First Ever 5G Experience Store
China Mobile Hong Kong’s (CMHK) recently opened Hong Kong’s first ever 5G Experience Store to the public, making a great leap forward into the 5G era, with the licensing of 3.3GHz, 3.5GHz and 4.9GHz ……
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