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…
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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.
Why China’s tolerance for a cheaper currency may be temporary
Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan …
China outbound investment rule to be completed by end of year — US official
Commerce Secretary Gina Raimondo said Wednesday she expects rules to implement U.S. outbound investment restrictions on China will be completed by the end of the year.
Absa opens Beijing office
Absa Group has announced the opening of a new non-banking subsidiary in Beijing. The official launch of its new office “fortifies the vital economic bridge between Africa and China”, the …
Why China’s diversified economy garners both praise and criticism
China has achieved economic success not just through repurposing Western technology but by rapidly upgrading and adapting it. Top-down management coexists with local autonomy and bottom-up innovation …
Opinion: Make China stop helping Russia’s war — the hard way, if necessary
If the international community were to propose removing some Chinese banks from SWIFT due to their involvement with Russian banks, it would send a clear message to all Chinese organizations.
