China’s official Communist Party newspaper said on Tuesday the United States was “deliberately destroying international order”, a day after Washington branded Beijing a currency manipulator in a … ( read original story …)
Tagged By business
China’s yuan tumbles further to U.S. dollar as trade war fears escalate
China’s yuan fell further Tuesday against the U.S. dollar, fueling fears about increasing global damage from Beijing’s trade war with President Donald Trump. The yuan declined to 7.0562 to the dollar … ( read original…
Offshore yuan hits record low after U.S. brands China a currency manipulator
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 …)
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’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 …)
People’s Bank Of China Ramps Up Crypto Development
China’s central bank, the People’s Bank of China (PBoC), announced that it has accelerated the development of its own cryptocurrency, reported Cointelegraph on Sunday (Aug. 4). PBoC hosted a video … ( read original story…
China’s yuan falls below 7 to U.S. dollar
BEIJING — China’s yuan has fallen below the politically sensitive level of seven to the U.S. dollar, possibly adding to trade tension with Washington. The tightly controlled currency weakened to … ( read original story…
