Treasury Secretary Janet Yellen speaks during a news conference at the U.S. Embassy in Beijing, on July 9, 2023. Mark Schiefelbein—AP Treasury Secretary Janet Yellen on Sunday said she agreed …
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China Might Turn Yen At 160 Into Another Crisis
The real issue is whether Beijing views the yen’s plunge as a rationale for depreciating the yuan as Chinese growth flatlines.
Yellen’s Beijing trip: China hopes U.S. to lift tariffs, relax export controls
China hopes the U.S. side will take concrete actions to respond to China’s major economic concerns, including lifting tariffs and relaxing export controls.
China fund managers cut fees after pressure from regulator
Fund houses were responding to a weekend statement from the China Securities Regulatory Commission (CSRC), which pledged to “guide the mutual fund industry to start fee-charging reform in a steady and …
China urges ‘practical’ U.S. action on sanctions after Yellen talks
China on Monday called on the U.S. to take “practical action” in response to its “major concerns” about sanctions on Chinese firms, after U.S. Treasury Secretary Janet Yellen wrapped up more than 10 hours of…
Yellen holds candid, constructive talks, asked to address China’s concerns on economic suppression: Finance Ministry
US Treasury Secretary Janet Yellen concluded her four-day China visit on Sunday following candid, pragmatic, in-depth and constructive. During the talks, the Chinese side expounded the mutually beneficial nature of China-US economic ties,
China calls on US to take ‘practical actions’ over sanctions
China called on the U.S. to take practical actions in response to its “major concerns” over economic sanctions the Whitehouse has applied on Chinese firms and agreed to keep channels of communication open,
European Chamber of Commerce urges Beijing to extend expat employee tax breaks for housing, education amid fears of exodus of talent
It is estimated that a foreign company would pay an extra US$110,800 in taxes for a foreign employee with two children if the exemptions were scrapped ‘The Chinese government is advised to address the matter…
Marketmind: China inflation kicks off week with a bang
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of key economic data releases showing whether China is starting to emerge from its …
U.S. Treasury Secretary Wraps Up China Visit, Sees Ties On “Surer Footing” Though Differences Remain
U.S Treasury Secretary Janet Yellen wrapped up a four-day visit to China today, saying strained ties between the world’s two largest economies are on “surer footing” though “significant” differences …
Ex-finance minister: Expansion in fiscal deficit should support small businesses
Expanding this year’s fiscal deficit to support smaller businesses and removing restrictions on homebuying should be feasible policy options for China to adopt in order to bring economic recovery back on a more solid track,
Yellen refuses to rule out a recession: ‘Not completely off the table’
Monthly job growth is slowing as expected after holding at a “high level,” she said from Beijing after meeting with top Chinese leaders. “We have a healthy economy, a great labor market, inflation too high,…
Janet Yellen confronts China: Criticizes treatment of U.S. firms in high-stakes Beijing visit
Beijing’s military expansion and other irritants. On Friday, Yellen met with the outgoing governor of China’s central bank, Yi Gang, and former Vice Premier Liu He, previously her counterpart in finance talks, according to the…
