President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Yahoo Finance’s Rick Newman …
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China central bank vows to support economic recovery
BEIJING (Reuters) — China’s central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country’s economic recovery, which still faces many …
China central bank to keep prices stable, guard against yuan volatility
BEIJING (Reuters) — China’s central bank said on Friday it will precisely and effectively implement its prudent monetary policy, maintain price stability and guard against overshooting risks in the …
China’s Central Bank Warns on Risks in Government Bond Rally
China’s central bank issued another veiled warning on a months-long government bond market rally, underlining its discomfort with decades-low yields that have weighed on the nation’s currency. The …
China urged to support key middle class, fix social problems to ‘supersize’ domestic market
Policy adviser Liu Yuanchun says expanding weak domestic demand remains the ‘key measure’ for China, with reforms needed to empower rural population as Beijing eyes sustainable economic growth.
Stock markets, China tariffs, Novavax and Sanofi: 3 Things
Yahoo Finance is Jared Madison Mills and I can have more the major … And President Biden expected to announce an update to tariffs on trade with China as soon as next week. That announcement…
Top financial watchdog plans to aid development of foreign institutions in China
The National Financial Regulatory Administration is planning to introduce more opening-up measures to address legitimate concerns of foreign institutions and improve regulations on foreign banks and …
Philippines to tighten visa control for Chinese nationals in move expected to spark retaliation from Beijing
Move comes with both countries locked in an escalating war of words over territorial disputes in the South China Sea, as well as national security fears in Cagayan province.
China and Hungary hail ‘all-weather’ partnership as Xi Jinping gets red carpet treatment in Budapest
New designation of relationship brings diplomatic ties to highest level, underscored by 17 agreements signed between the two sides.
Porch sues China Construction Bank in US over reinsurance fraud losses
U.S. insurance and home inspection software provider Porch Group is suing China Construction Bank Corp (CCB) , the country’s third-biggest lender by assets, for allegedly enabling a “massive fraud” …
Beijing can’t wish away China’s overcapacity problem
In Beijing last month, U.S. Treasury Secretary Janet Yellen warned that President Joe Biden could not allow U.S. manufacturers to be “decimated” by a “flood” of “ artificially cheap Chinese products .
What Xi Jinping gets wrong about China’s economy
China’s steel exports, measured in tonnes, increased by more than 28% in the first three months of this year, compared with a year earlier. Its exports of new-energy vehicles increased by almost 24%.
America’s Cash for Clunkers Is Back—in China
Some economists believe incentives for people to trade in old machinery could flood the world with more exports.