China has released guidelines to facilitate more efficient and standardised cross-border flows of Chinese and foreign financial institutions’ data, the central bank announced on Thursday.
Tagged By finance
China eyes U.S. services in response to ‘meaningless’ hikes on goods – report
China has sharply criticized the recent U.S. tariff hikes on goods as a “meaningless numbers game” and has shifted its retaliation strategy to target areas, including the American services which …
China Stocks Face Risk of $800 Billion US Outflows, Goldman Says
US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc.
China targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goods
Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.
China targets U.S. services and other areas after decrying ‘meaningless’ tariff hikes on goods
Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.
China Shadow Bank’s Collapse Shows Wealth Wipeout Is Deepening
More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. Zhongrong International Trust Co., which managed about …
Fund-manager survey raises questions about Beijing’s possible role in bond-market turmoil
The latest Bank of America fund-manager survey says that the world’s biggest fund managers have been piling into the safety of the bond market in the past two months, on account of all the excitement…
Scott Bessent Says China Won’t ‘Weaponize’ US Treasuries, Citing Risk To RMB And Exports: ‘We Do…
Treasury Secretary Scott Bessent dismissed fears that China could destabilize U.S. financial markets by dumping Treasuries, according to Yahoo Finance. Bessent said China has little reason to sell U.S …
Expert estimates Boeing could lose $1.5 billion after China orders a halt on jet deliveries
The halt on jet deliveries is yet another blow to the airplane manufacturer, potentially to the tune of $1.5 billion.
Nvidia takes $5.5 billion hit as Trump tightens export restrictions in China trade war
Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh …
Trump tariffs live updates: China signals readiness for talks if US shows respect amid ‘numbers game’
China expressed openness to trade talks with the US on Wednesday, under certain conditions, even after the White House clarified that “China now faces up to a 245% tariff on imports to the United …
Stock market today: Dow, S&P 500, Nasdaq futures plunge as Nvidia reveals costly limits on China exports
US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy.
China Seeks Mutual Respect And ‘Win-Win’ Approach From US To Resolve Tariff Dispute, Says Former Beijing Official
China will only engage in talks with the U.S. if its leaders show respect towards Beijing, a former Chinese official told Bloomberg News in an interview. Zhu Guangyao, who was China’s Vice Minister of …
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