President Donald Trump on Tuesday ordered an end to Hong Kong’s special status under U.S. law to punish China for what he called “oppressive actions” against the former British colony. ( read original story …)
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Trump Ends Hong Kong Trade Preferences, Backs Banking Sanctions
US President Donald Trump said Tuesday he was ending trade preferences for Hong Kong and signed into law an act that authorizes sanctions on banks over China’s clampdown in the international finance … ( read…
A Spate of Bank Runs Breaks Out in China, Fueled by Social Media
Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors. ( read original story …)
Trump signs bill, order rebuking China, and slams Biden
President Donald Trump signed legislation and an executive order on Tuesday that he said will hold China accountable for its oppressive actions against the people of Hong … ( read original story …)
Trump signed law slapping sanctions on China for interference in Hong Kong
President Donald Trump said Tuesday that he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy. Trump also said in the White House Rose Garden … ( read…
Trump signs Hong Kong sanctions bill in blow for China
Signing the sanctions bill into law marks the Trump administration’s latest move to punish China for its new national security law. ( read original story …)
Fmr. Asian policy analyst says U.S.-China relationship now long-term competition
Dewardric McNeal, Longview Global managing director and former Asian policy analyst at the Department of Defense, joins “Closing Bell” to talk about the U.S. and China relationship. ( read original story …)
Trump ends special treatment for Hong Kong, rips Biden for weakness on China
President Donald Trump signed a bill and executive order Tuesday sanctioning Chinese officials and ending the special treatment of Hong Kong. ( read original story …)
Trump signs executive order to hold China accountable for actions against Hong Kong
President Trump on Tuesday announced two actions his administration has taken against China as tensions between Washington and Beijing continue to rise. ( read original story …)
China Tensions Rise, Big Bank Earnings
That was the message sent by markets on Tuesday, as all three major U.S. stock indices finished notably higher – despite the U.K. outright banning China communications powerhouse Huawei from making … ( read original…
China to further contain risks in shadow banking
China will further crack down on illegal activities in the shadow banking sector as part of efforts to contain financial risks, the country’s top banking authority said on Tuesday. The China Banking … ( read…
Futures rise with bank earnings in focus
U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America’s expectations for the pace of an economic … (…
China posts first import growth since pandemic, exports also up
Exports also rose unexpectedly, up 0.5%, suggesting global demand is starting to pick up again as many countries begin to ease tough anti-virus measures that have pushed the world’s economy into its … ( read…