BEIJING — China’s central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reigni… ( read…
Tagged By finance
China’s regional banks hit by economic slowdown
In the southwestern province of Guizhou, Guiyang Rural Commercial Bank was downgraded by China Chengxin International Credit Rating Co to A+ from AA- in June after its bad loan ratio soared 15.41 per … (…
Trade tensions simmer as Morneau, finance ministers hold G20 meetings
WATCH BELOW: Trump threatens almost all imports from China as Beijing fires back Finance ministers from the G20 last met in March and could not come to any agreement on how to address the problem.…
$100b cash injection into China’s banking system highlights growth worries
Mr Trump has accused Beijing of manipulating the yuan, which last Friday reached its lowest point for a year against the US dollar. It has fallen 5 per cent since the start of last month.…
The Finance 202: China exerts soft power in ZTE win
And Beijing is finding more unconventional ways of getting the … Fiscal policy should now be ‘more proactive’ and better coordinated with financial policy, according to the statement — a signal that … ( read…
China’s Markets Embrace Risk as Traders Bet Big on Stimulus
The yuan tumbled Tuesday to the weakest in more than a year against the dollar, a day after a record injection of funding to lenders by the People’s Bank of China. And benchmark 10-year government…
China’s regional banks hit by economic slowdown, bad loans soar
In the southwestern province of Guizhou, Guiyang Rural Commercial Bank was downgraded by China Chengxin International Credit Rating Co to A+ from AA- in June after its bad loan ratio soared 15.41 perc… ( read…
Market Cafe at Hyatt Regency Beijing Wangjing: An Epicurean Escape Capturing Nature’s Charm
All-Day-Dining Restaurant Market Cafe Inspires Diners with a Sonnet of Delicacy BEIJING, China, July 24, 2018 /PRNewswire/ — Just as the Hyatt Regency Beijing Wangjing impresses the capital city of B… ( read original story…
Teachers, banking, advertising among key issues addressed
A number of ministries, including the Ministry of Education, and the China Banking and Insurance Regulatory Commission as well as the State Administration for Market Regulation, have responded in the … ( read original story…
China probes stainless steel imports from Indonesia, EU, Japan, South Korea
BEIJING (Reuters) – China began an anti-dumping investigation on Monday into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after c… ( read original story …)
China’s piecemeal shift to looser monetary policy picking up pace
The People’s Bank of China stepped up its efforts to support bank lending amid a gradual slowdown in the economy. Yesterday, the central bank made a record injection of longer-term funding available t… ( read…
Trump’s tweets on stocks and his approval rating hint where the trade war with China may be heading
Economists at Bank of America Merrill Lynch believe Trump will continue to target China on trade until US stocks or his presidential approval rating begins to take a hit. They think China will respond ……
How A Trade War With China Could Trigger Another Financial Crisis
President Trump continues to escalate his trade threats against China. He’s now threatening 10% tariffs on all Chinese imports. While the effects on US consumers and economic growth would be bad enoug… ( read original…
