China’s central bank governor, Yi Gang, joined the chorus of consternation over the trade standoff, which has resulted in Washington imposing penalty tariffs on tens of billions of dollars of imports … ( read original…
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Smoking could affect Beijing residents’ chances to get loans
Illegal smoking in Beijing could soon affect the ability of offenders to … from taking flights or trains for their previous misdemeanors during travel as well as financial irregularities. The move w… ( read original…
China echoes IMF pledges to avoid using currency as trade war tool
“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in an International Monetary and Financial Committee (IMFC) statement posted on Saturday … (…
China Won’t Use Yuan as Tool to Deal With Trade War, Yi Says
“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in a statement to the International Monetary and Financial Committee, which was posted o……
China Blinks First In LNG Face-Off With U.S.
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of China said it was cutting…
The US is hunkering down for a new cold war with China
China’s president Xi Jinping and US president Donald Trump meet in Beijing in November 2017. The US administration views China as a strategic and economic rival Share on Twitter (opens new window) Sha… ( read…
China may hit US harder as economic rivalry mounts
All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times. After bringing one of China’s leading companies, ZTE, close to collapse earlier t… (…
Australian Financial Review questioned over deal to share content with China’s Caixin Global
Questions have been raised about the Australian Financial Review’s decision to sign a content-sharing agreement with a Chinese media outlet subject to Chinese Government oversight. AFR has begun publi… ( read original story …)
The Next Financial Crash Is Imminent, And China’s Resource Crisis Could Be The Trigger
All eyes are on China as the world braces itself for what a growing number of financial analysts warn could be another global economic recession. In a BBC interview to mark the 10th anniversary of…
China looks the most hurt by the week’s global market turmoil
“From a macroeconomic perspective, China’s deleveraging efforts have not yet ended … But the volatility in mainland Chinese stocks indicates how the local financial environment is still developing. … ( read original story …)
What trade war? China racks up a record $34.13 billion surplus on the USA
China recorded a record trade surplus of $34.13 billion with the U.S. in September amid intense trade tensions between the world’s two largest economies. The September surplus with the U.S. was larger … ( read…
China ‘won’t be found’ a currency manipulator, bank lobby group says
China’s central bank is not manipulating the yuan’s exchange rate but the ongoing tensions between Beijing and Washington will be a long-term game, according to the president and CEO of The Institute … ( read…
China’s central bank recruiting cryptography experts to help develop its own digital money
Beijing’s ideal digital currency “must ensure the smooth running of monetary and financial stability policies and at the same time protect consumers”, Zhou Xiaochuan, the then central bank chief, said … ( read original story…
