BEIJING/WASHINGTON, Jan 9 (Reuters) – U.S. officials used three days of trade talks in Beijing to demand more details on China’s pledge to make big purchases of American goods, as well as to push ……
Tagged By financials
China’s Biggest Bank to Reduce Its Space at Trump Tower
Two of China’s New York power players are pulling back from Trump — Trump Tower, that is. First, a big Chinese conglomerate, HNA Group Co., moved to sell a Manhattan office tower four blocks from…
Bank of England head: China’s renminbi could one day rival the dollar as the world’s currency
China’s renminbi (CNY=X) is likely to become a global reserve currency to rival the US dollar (DX-Y.NYB), Bank of England governor Mark Carney said on Wednesday. “I think it is likely that we will ult……
China’s 2019 gross domestic product forecast cut to 6.2 per cent by World Bank under ‘Darkening Skies’
Beijing has officially put a brave face on the economic slowdown, but the Chinese leadership has been edging towards a serious stimulus package, including more fiscal spending and monetary easing, to … ( read original…
Morning Brief: U.S.-China trade talks conclude as hopes of a deal build
[Bloomberg] China to propose wider 2019 fiscal deficit: China’s Finance Ministry is set to propose a deficit target of 2.8% of gross domestic product as officials seek to balance support for the econo… ( read…
China to Propose Wider 2019 Fiscal Deficit Amid Slowdown
(Bloomberg) — China’s Finance Ministry is set to propose a small increase in the targeted budget deficit for this year as officials seek to balance support for the economy with the need to keep contr……
Trump Wants Trade Deal With China to Boost Stock Market, Sources Say
(Bloomberg) — President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to pe……
How’s China’s Opening to the Financial Sector Going?: QuickTake
Last year, China pledged to allow overseas financial firms greater access to the world’s second-largest economy. Then came the trade war with the U.S., raising concerns that President Xi Jinping could … ( read original…
Breakingviews – World Bank could be a new stick to beat China
American officials had already pressured the bank to lend less to China and warned about Beijing’s influence. This gives them a chance to instal a hawkish new boss, and open up a new front in…
China gives long-awaited GM crop approvals amid U.S. trade talks
BEIJING (Reuters) – China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months in a move that could boost its overseas grains purchases and ease pressure f… (…
Malaysia Probing Whether China Offered to Bail Out 1MDB
said Finance Minister Lim Guan Eng. The cost of China-backed projects was certainly enlarged and Malaysia will check whether that was due to 1MDB links, Lim said near Kuala Lumpur on Tuesday. ( read original…
The Finance 202: China standoff could end before U.S. government shutdown
Here’s a stumper for oddsmakers: What will President Trump agree to first, a deal with Democrats to end the government shutdown or one with the Chinese to cease trade hostilities? Unlikely as it may s……
Giving up gas: China’s Shenzhen switches to electric taxis
SHENZHEN, China — One of China’s major cities has reached an environmental milestone: an almost entirely electric-powered taxi fleet. The high-tech hub of Shenzhen in southern China announced at the s… ( read original story…
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