China’s Ministry of Finance said that fresh 10% tariffs on $300bn of Chinese goods violated a consensus reached with the US and threatened trade talks, Bloomberg reported. China also warned it … ( read original…
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China Signals Retaliation Against New U.S. Tariffs Imminent
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China called planned U.S. tariffs on an additional $300 billion in Chinese goods a ……
China says has to take counter-measures to latest U.S. tariffs
BEIJING — China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministy said on Thursday. The ministry also said the U.S. tariffs … ( read…
Tariffs, China sales weigh on Cisco outlook, shares slide
Chief Financial Officer Kelly Kramer said in an interview that … and dropped 8% to $46.53 in after-hours trading. While sales to China fell sharply, they comprised less than 3% of overall sales in ……
China threatens retaliation if US tariff hikes go ahead
BEIJING — China on Thursday threatened retaliation if Washington steps … by delaying customs clearance for their goods and delaying issuing licenses in finance and other fields. ( read original story …)
China Jan-July non-financial ODI up 3.3% in yuan terms – commerce ministry
BEIJING — China’s non-financial outbound direct investment (ODI) in January-July rose 3.3% from a year earlier to 432.92 billion yuan ($61.71 billion), the commerce ministry said on Thursday. ( read original story …)
China insists on countering US tariffs
China will take unspecified “necessary counter-measures” to the latest U.S. tariffs on US$300 billion of Chinese goods, the finance ministry said today. The ministry also said the U.S. tariffs … ( read original story …)
China says state cryptocurrency set to rival bitcoin is ‘close’ to launch
A senior official at the People’s Bank of China said the cryptocurrency was “close to being out” at an event held by China Finance 40 Forum, according to separate reports in Reuters and Bloomberg, ……
China fixes its yuan midpoint at 7.0326 per dollar, stronger than analysts expected
China’s central bank set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than what analysts were expecting. It was the fourth consecutive session where the … ( read…
How Does Bank of China Limited (HKG:3988) Fare As A Dividend Stock?
Could Bank of China Limited (HKG:3988) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. ( read original story…
U.S. Blacklists China Nuclear Firms Accused of Aiding Military
(Bloomberg) — The U.S. added four Chinese nuclear entities to a trade blacklist, accusing them of helping to acquire advanced U.S. technology for military use in China. China General Nuclear Power … ( read original…
China may use foreign exchange reserves to fight US financial war risk, analysts say
As the United States widens the conflict with China into the realm of finance, raising the possibility that Washington will use the US dollar payment system as a weapon, analysts are wondering … ( read…
China’s Digital Currency Is Unlikely To Be A Cryptocurrency
China’s adoption of digital payments has been astonishing. Alipay, owned and operated by Ant Financial, has more than 600 million average monthly users, an amount of people that is almost twice as … ( read…
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