Treasury Secretary Yellen went to China to warn China off its efforts to dominate green energy products and to threaten tariffs.
Tagged By finance
Asia markets mixed ahead of trade data in China and bank earnings
Japan’s industrial output falls more than initially anticipated to 0.6% in February The yen came under pressure even after the BOJ took the first step toward normalizing policy, as Japanese rates remained at ultra-low levels,
JPMorgan Private Bank Taps Goldman’s Kui as Head of China
JPMorgan Chase & Co. named Florence Kui as head of China market for its private bank, amid broader changes to its overall leadership overseeing operations in the world’s second largest economy.
ADB increases its growth forecast for China to 4.8%
The Asian Development Bank has revised its growth forecast upwards for China to 4.8 percent in 2024, 0.3 percentage points higher than the estimate made in December. With more proactive fiscal policies in place, the…
China tightens Russia payments scrutiny, hitting electronics components, say Russian media
Russian companies are facing growing hurdles when making payments to China, two Russian news outlets reported on Friday, with one saying transactions involving electronics components were being …
China Funds Weigh $415,000 Pay Cap in ‘Common Prosperity’ Drive
Several Chinese mutual fund managers have proposed to cap staff salaries at about 3 million yuan ($415,000), in response to President Xi Jinping’s “common prosperity” drive, according to people …
China’s Financial Institutions Issued Less Credit in January-March
The data suggest continued tepid borrowing demand from corporates and households.
Economists weigh pros and cons of Trump plan for 60% tariff on China
Economists debate the pros and cons of former President Trump’s proposed 60% tariff on all Chinese imports, which could raise prices on American business and consumers.
China Wages Snap Three-Quarter Slide, Signaling Upturn in Labor
Wages offered to new hires in China snapped three quarters of decline in the first three months of this year, suggesting an improvement in the labor market that could boost consumer spending in the …
China’s fiscal revenue down 2.3 pct in first two months of 2024
China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance …
Vietnam wants to take China’s place as a new factory of the world — but a $12 billion financial fraud case is getting in the way
Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case.
China’s non-financial ODI up 10 pct in first 2 months
China’s non-financial outbound direct investment (ODI) increased 10 percent year-on-year to 149.64 billion yuan (about 21.09 billion U.S. dollars) in the first …
China c.bank set to leave policy rate unchanged, drain some liquidity
China’s central bank is set to leave a key policy rate unchanged when rolling over maturing medium-term loans on Monday, a Reuters survey showed, while a vast majority of respondents also expect some …
