BEIJING: China’s finance minister lashed out at US tariffs for bringing “unprecedented huge risks” to the global economy, according to an article published by his ministry on Tuesday (May 6). The worl …
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China Plans Wednesday Briefing on Market Stabilization Measures
China’s central bank and financial regulators will hold a press briefing on Wednesday to discuss policies aimed at stabilizing markets, as the country’s economic outlook comes under increasing threat …
Protests erupt in China after furious workers demand back pay as Trump’s tariffs on imports jolt economy
Protests from furious factory workers in China demanding back pay are spreading across the country after President Trump’s tariffs on Chinese imports begin impacting the communist …
China’s yuan ends at six-month high as carry trades unwind
China’s yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets and back into …
Sitharaman urges ADB to speed up financing deals; US, China spar over funding
Sitharaman urged the ADB to make quick progress on capital expansion and capital management measures so that its lending limits do not affect the borrowing programmes of developing countries.
Bill Ackman: Trump tariffs on China should be paused and taken down
On April 9, the Trump administration announced a 90-day pause on all reciprocal tariffs except for those on goods from China. Tariffs on one of the US’s most important trading partners now stand at …
Japan, China, South Korea, ASEAN enhance regional financial safety net
Japan, China, South Korea and the 10 ASEAN countries agreed to enhance their regional financial safety net by launching a new lending facility aimed at swiftly responding to crises caused by pandemics …
Trump tariffs live updates: No plans for Trump-Xi talks, Ackman floats China pause
It’s up to me, it’s not up to them.” Trump also signaled that his aides are having conversations with counterparts from China. Financial markets have steadied in the past two weeks amid signs that …
Seoul, Tokyo and Beijing join Asean in statement warning against protectionism
A growing chorus of opposition to protectionist trade policies centered around U.S. President Donald Trump’s agenda is emerging across Asia, with China taking a prominent role.
‘Is that a threat? Sure it is’: China may make a ‘retaliatory’ move that could ‘hit us hard’ — especially US homeowners. Here’s what Beijing’s saying, and how to …
At the time of writing, President Donald Trump had imposed tariffs of 145% on Chinese goods, while China retaliated with tariffs of 125% on imported American goods. The Chinese ce …
China may make a ‘retaliatory’ move that could ‘hit’ US homeowners ‘hard.’ Here’s what Beijing’s saying
China may make a ‘retaliatory’ move that could ‘hit us hard’ — especially US homeowners. Here’s what Beijing’s saying, and how to pro …
China’s financial salvo gains speed to shore up economic growth
BEIJING — China’s stepped-up fiscal policies are emerging as a pillar in its efforts to stabilize the economy, offering much-needed support to sectors under financial strain and helping the world’s …
China Is Now Dumping U.S. Dollars – Here’s Why It Matters
Is China launching economic warfare by dumping U.S. dollars? In this video, Jaspreet Singh breaks down China’s escalating financial moves against the U.S. including offloading U.S. debt and …