China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a …
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China needs to work for more ‘visible’ deliverables before US presidential election: expert
As US political rhetoric coarsens, a Tsinghua scholar says Beijing must take concrete action to improve exchanges and dialogue with Washington.
The Beijing parking row that ignited debate on diplomatic immunity
A Beijing woman has apologised and been fined after she insisted that diplomatic immunity allowed her to park in the middle of a road and block traffic. In a video circulated online, the woman, who…
Market turmoil as China warns of possible ‘trade war’ with EU amid proposed EV tariff
A trade war between the European Union and China escalated over proposed tariffs on electric vehicle (EV) imports.
China retaliates against Lockheed Martin for arms deals with Taiwan, banning 3 top executives and key business units
Wang Yi serves as China’s Foreign Minister. The Foreign Ministry announced sanctions against Lockheed Martin in response to arms deals with Taiwan. Nathan Laine—Bloomberg/Getty Images China said …
Europe is going to lose its trade war with China
The West needs to stand up to China, but Europe, including the UK … Just take a look at the way the German finance minister Robert Habeck was on his way to Beijing this weekend…
China Invested More Than $230B Over Last Decade To Develop Its EV Industry, Study Finds
It has been revealed that China has invested a staggering $230.8 billion over the past decade to cultivate its electric car industry.
China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports
China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a …
Stronger monetary, fiscal policy coordination urged as China’s treasury-bond trade nears
With Beijing set to overhaul its monetary tools by restarting treasury bonds purchases in the secondary markets, China’s central bank and finance ministry are expected to dovetail efforts to support …
China to Continue Reducing Holdings of USD Assets
ANZ thinks China will continue to increase the use of CNY in conducting trade, which would help enhance monetary policy independence and support a greater tolerance for exchange-rate volatility.
Germany doesn’t expect a solution to EU tariff tensions on China trip
PAJU, SOUTH KOREA, June 21 (Reuters) – In his trip to China, Germany’s Economy Minister Robert Habeck … correspondent in Berlin covering German economics and the ministry of finance. Maria …
China’s third plenum: few ‘bold’ moves in store but analysts watch for structural reforms as Xi’s vision leads the way
The third plenum of the Communist Party of China has been a landmark event since Deng Xiaoping’s groundbreaking reforms in 1978.
US-sanctioned Russian giant Alfa Bank expands in China
Facing Western sanctions, Russia’s largest privately owned bank, Alfa Bank, is expanding its operations in China, the world’s second-largest economy.
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