China’s recent plan to facilitate cross-border financial services has become more important at a time when both internal and external environments have seen huge changes, a senior central bank …
Tagged By finance
Trump tariffs live updates: Trump says China tariffs won’t stay at 145%, Bessent hints at deescalation
It won’t be zero. It used to be zero.” Trump’s comments came after Bessent told investors in a closed-door summit Tuesday that he sees …
Trump says tariff on China will ‘come down substantially’ from 145 percent
President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping, expressing optimism about a trade deal. “145 …
Trump says won’t fire Fed chief, signals China tariffs will come down
Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a “substantial” lowering of tariffs on China — moves that brought relief to global markets …
U.S. Treasury secretary says trade war with China is not ‘sustainable’
But in a private speech in Washington for JPMorgan Chase, Scott Bessent also cautioned that talks between the U.S. and China had yet to formally start.
Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable
The rally was triggered in part by remarks that Treasury Secretary Scott Bessent delivered at a closed-door investor summit hosted by J.P. Morgan in Washington, D.C. As first reported by Bloomberg, …
Kevin O’Leary Says Trade War With China Is Like This 1 Dangerous Game
Canadian businessman Kevin O’Leary once again called on President Donald Trump to hit China with an aggressive 400% tariff, while downplaying the economic conflict between Trump and Chinese President …
Trump’s restrictions on Nvidia’s China sales may not be enough to contain Beijing’s AI ambitions
The U.S.’s policy goals may not be coherent, while China’s own chip efforts and distributed AI training grow more capable.
Bessent sees de-escalation with China, saying the goal isn’t to de-couple
US Treasury Secretary Scott Bessent said Tuesday that the trade war between China and the US is unsustainable and that he expects the situation to de-escalate, according to people familiar with his …
Trump tariffs live updates: Bessent hints at deescalation with China as US, India progress on trade deal
Wall Street eyed signs of progress on key trade fronts Tuesday, as Treasury Secretary Scott Bessent hinted at deescalation with China and the US and India hailed headway on talks. Bessent called the …
US Treasury Secretary says situation with China is unsustainable, source says
U.S. Treasury Secretary Scott Bessent on Tuesday said that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate, a source familiar said.
China rolls out plan to promote its own payment system as US trade war simmers
The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies.
Foreign lenders upbeat on China finance market
CHINA’S financial markets are attracting international investors amid growing global economic uncertainty, with multiple foreign financial institutions including Neuberger Berman and DBS Bank …
ADVERTISEMENT
