China Internet Nationwide Financial Services Inc (NASDAQ:CIFS) is expanding its fintech offerings based on new technologies including Big Data and artificial intelligence, to help clients cut financin… ( read original story …)
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China says Trump forces its hand, will retaliate against new U.S. tariffs
BEIJING/WASHINGTON (Reuters) – China said on Tuesday that it has no choice but to retaliate against new U.S. trade tariffs, raising the risk that U.S. President Donald Trump could soon impose duties o… ( read…
China has ‘no choice’ but to hit back at Trump’s $200 billion tariffs — kicking the trade war up another level
“We have been stressing that talks need to happen on the basis of parity, equality and good faith,” a spokesperson for China’s foreign ministry said at a press briefing, according to the Financial … (…
China’s Central Bank Has $1.3 Trillion Money-Fund Headache
China’s ever-growing money market funds pose an increasing problem for the nation’s central bank as policy makers attempt to boost the flow of credit to cushion an economic slowdown. While the funds h… ( read…
Beijing held Global Distribution Partnership Summit 2018
The summit aimed to reform Beijing’s inbound tourism approach with international strategic alliances BEIJING, Sept. 17, 2018 /PRNewswire/ — The Beijing Tourism Global Distribution Partnership … ( read original story …)
Chinese official: Beijing should target goods needed by US
BEIJING (AP) — One of China’s most prominent figures in global finance says Beijing should press Washington to end their tariff battle by clamping down on exports of goods needed by American … ( read…
Beijing can target exports by US companies, ex-finance minister says
Chinese news reports have quoted a former finance minister as saying Beijing can disrupt American companies’ operations by imposing “export controls” if it needs more leverage in its mounting tariff d… ( read original story…
China central bank governor calls for further financial opening
BEIJING (Reuters) – China should continue to open its financial market in order to increase its global competitiveness, Shanghai Securities News reported on Monday citing an essay written by the centr… ( read original story…
Trade war will not derail China’s promise to open up its financial markets, central bank chief says
China is committed to opening up its financial services markets to foreign players irrespective of the trade war with the United States, the head of its central bank said on Sunday, countering claims … (…
People’s Bank of China Backs New Blockchain-based Financial Platform
China continues its blockchain journey by creating a new finance and trading platform with the assistance of its central bank. While some countries may be giving cryptocurrencies the cold shoulder, th… ( read original story…
Typhoon pounds south China after killing 64 in Philippines
HONG KONG (AP) — Typhoon Mangkhut barreled into southern China on Sunday after lashing the northern Philippines with strong winds and heavy rain that left at least 64 people dead and dozens more fear… (…
China’s pockets may not be deep enough to bail out emerging markets
China has extended easy credit to vulnerable countries. But its pockets are not as deep as they once were, analysts say. Lending to emerging markets could also face political backlash. When … ( read original…
Could China find itself at the centre of the next financial crisis because of its mounting debt?
Ten years ago on Saturday, the investment bank Lehman Brothers Holdings collapsed overnight into bankruptcy as the global financial system teetered on the brink of ruin. It marked a pivotal week that … ( read…
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