China should adopt a market-based growth strategy and respond to international criticism by further opening up its economy, an adviser to the central bank said on Tuesday. Liu Shijin’s comments that C… ( read original…
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China’s Reforms Will Help Offset U.S. Trade Frictions: Central Bank Adviser
BEIJING (Reuters) – China’s high-level reforms and moves to open up its economy will help cope with trade frictions with the United States, a central bank adviser said on Tuesday, adding that … ( read…
China’s Xi visits Philippines to deepen ties with US ally
Beijing’s relations with Manila stagnated over long-seething territorial rifts in the South China Sea until Duterte won the presidency in mid-2016 and rebuilt ties with China while often pillorying U. … ( read original story…
The NBA is China’s most popular sports league. Here’s how it happened
But Cuban was not in Dallas, Texas. He was in Shenzhen, China for a preseason game where the Mavericks competed against the Philadelphia 76ers in front of tens of thousands of Chinese fans. Here in…
Dollar Hegemony, Financial Warfare: Russia, China and Turkey Build up their Gold Reserves
Central banks in several regions of the World are building up their gold reserves. A large part of these Central Bank purchases of gold bullion are not disclosed. They are undertaken through third par… (…
China’s economic opening-up to help offset U.S. trade frictions – central bank adviser
But China will forge ahead with its reforms at its own pace, Liu Shijin, an adviser to the People’s Bank of China (PBOC), said at a finance forum in Beijing. An escalating trade war with…
Warburg Pincus plans to raise up to $4 billion for new China fund: sources
The move comes after it invested in Ant Financial’s $14 billion financing round in June. Warburg Pincus’s new China fund will also invest alongside the firm’s latest global PE fund which is set to ……
China stocks fall most in 3 weeks, led by financial, tech shares
SHANGHAI, Nov 20 (Reuters) – China stocks dropped the most in three weeks on Tuesday, led by financial and technology shares, as Asian markets tanked after overnight losses on Wall Street and amid ris… (…
Cryptocurrency Exchange Huobi Creates Communist Party Committee in China
Huobi Group has created a Communist Party committee, making it the first blockchain based company to do so in China, the South China Morning Post reports. The committee was created through a Huobi … (…
China’s JD.com feels pressure as sales of big ticket items slow
Chief financial officer Sidney Huang said the “relatively soft” sales forecast was linked to an ongoing consumption slowdown in China. JD.com’s shares were down more than 5 percent in pre-market trade … ( read original…
China Is Casting a Shadow Over Hong Kong’s Luxury Watch Retailers
The city counts on visiting shoppers from mainland China to power earnings. A weaker yuan and slowing economic growth are hurting China’s powerful domestic-consumption engine just as exporters feel th… ( read original story …)
The Finance 202: U.S.-China trade conflict is worsening
Meanwhile, in Beijing the question these days is less how to catch up … and Nissan said it intended to oust Mr. Ghosn from his post after uncovering “significant acts” of financial misconduct. Japan… (…
Trump’s trade hawk prepares to swoop on Beijing
This experience forged his image of Beijing as a ruthless, dangerous economic predator, observers say. “[Mr Lighthizer] conjures up this idea of essential Chinese-ness that is not going to change, eve… ( read original story…
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