The act would “require deeper analysis of potential financial threats from the CCP that may have substantial impacts on the U.S. economy.” …
Tagged By finance
UBS on track to fully own China securities joint venture
One of UBS’s joint venture partners in China will sell its entire holding in a securities company, paving the way for the Swiss bank to fully own a sizeable securities brokerage in the world’s …
Oil prices risk moving lower as China demand falters: Analyst
Oil prices (CL=F, BZ=F) fell on Monday following reports that Israel and Hezbollah may be nearing a ceasefire deal. Stephen Schork of The Schork Group tells Yahoo Finance there has been a “bearish …
China fights yuan weakness with steady interest rates as US tariff threats ease
China’s central bank kept its medium-term lending facility (MLF) rate locked at 2.0% on Monday, stabilizing the yuan as pressure mounts following Donald Trump’s U.S. election win. The People’s Bank of …
Want Want China Holdings Unveils Interim Financial Results
Want Want China Holdings (HK:0151) has released an update. Want Want China Holdings has released its interim results for the six months ending …
China central bank injects $124 billion into banking system via one-year policy loans
China’s central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens. The People …
China’s central bank keeps medium-term loan rate unchanged amid yuan weakness
The yuan has come under pressure following Donald Trump’s victory in the U.S. presidential election. Wang Tao, chief China economist at UBS Investment Bank, estimates the MLF to remain at 2.0% this …
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool. The People’s Bank of China on …
Financial institutions can lend support to trade
To make cross-border payments safe, efficient and convenient, financial institutions should promote the internationalization of the renminbi, promote the expansion of the use of the currency in …
Trump can do a business deal with China
Trump’s reelection as US president has now made a catastrophic breakdown in US-China relations “probable”. But it has also made a constructive breakthrough possible either through an early agreement …
COP29 summit ends with ‘paltry’ US$300 billion climate finance deal; no change for China’s contribution
The world approved a bitterly negotiated climate deal; poorer nations dismissed a US$300 billion a year pledge from wealthy polluters as insultingly low.
China’s biggest Trump 2.0 threat would be changes led by Elon Musk, adviser warns
China’s biggest risk during Donald Trump’s second term as president would be US government overhauls driven by tech billionaire Elon Musk, a leading Chinese political scientist and policy adviser to …
China can manage ‘external shocks’ of U.S. tariffs, senior official says
Trucks and engineering vehicles await transportation from a port in Yantai in eastern China’s Shandong province, on Nov. 19. A senior Commerce Ministry official in Beijing said China can manage …
