Consumer goods including mobile phones and televisions aren’t being hit with the tariffs. Hours later — early Saturday in China — the nation’s Finance Ministry issued a list of 545 product categories, also covering about…
Tagged By finance
Trump’s China Tariffs Met With Retaliation Vow From Beijing
The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate…
Why China’s central bank is taking a different path from the Fed on interest rates
China’s national aggregate finance, the broadest measure of credit, plunged to 760.8 billion yuan (US$118.9 billion) in May, almost half the level in April, as Beijing continued to target shadow banking activities. Liang Hong, chief…
China scores in Latin America
Last week it was China’s expanding financial presence in Latin America that raised eyebrows. Argentina’s central bank said it was negotiating a $5bn swap line with the People’s Bank of China, alongside its $50bn bailout…
Ford’s China struggle continues as May vehicle sales slump 29 percent
BEIJING (Reuters) – Ford Motor Co’s (:F – News) struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S.…
China’s Theme Park Biz Heading for Bumpy Ride
calls the third era of mainland China’s theme park industry … a new phase of mega-projects combining international brands and IP with substantial Chinese finance. In the pipeline are a Universal mega-park on the outskirts…
China reshuffles central bank monetary policy committee, Governor Yi named chief
China’s top financial regulators also sit on the 14-member policy panel, which meets once every quarter to discuss economic and policy issues. The committee can recommend changes or action when necessary, but its influence is…
China lashes out as President Trump weighs new tariffs
Trade tensions once again heat up between U.S. and China. Yahoo Finance’s Stephanie Sy, Dion Rabouin and Ethan Wolff-Mann discuss. ( read original story …)
China poses ultimate test of Trump’s rationality
Diplomacy is about getting other countries to do what you want them to do. Without China’s help, Donald Trump cannot hope to enforce his deal with Kim Jong Un. Eliminating North Korea’s nuclear arsenal is…
China’s Evolving Toolkit to Manage Monetary Policy
China’s monetary policy is in flux, as the central bank tries to weed out risky lending while ensuring money keeps flowing to the economy. To achieve those sometimes competing goals, the People’s Bank of China…
China Shows Signs of Losing Steam as PBOC Pauses After Fed Hike
China’s central bank held off from immediately raising borrowing costs following the U.S. Federal Reserve, a decision that came just as economic data for May showed that the economy is losing steam. With the prospect…
The 4th China-Israel Investment Summit to be held in China’s Zhuhai in July
ZHUHAI, China, June 14, 2018 /PRNewswire/ — On the back the great results of the 3 rd summit achieved last year, with the guidance and support of the responsible Chinese and Israeli government agencies, the…
Green finance pilot to be extended
China is preparing a nationwide green finance development trial model and extending a one-year pilot program in five provinces, to encourage faster and cheaper loans for environment-friendly industries, according to a senior central bank official.…
