More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. Zhongrong International Trust Co., which managed about …
Tagged By financials
Fund-manager survey raises questions about Beijing’s possible role in bond-market turmoil
The latest Bank of America fund-manager survey says that the world’s biggest fund managers have been piling into the safety of the bond market in the past two months, on account of all the excitement…
Scott Bessent Says China Won’t ‘Weaponize’ US Treasuries, Citing Risk To RMB And Exports: ‘We Do…
Treasury Secretary Scott Bessent dismissed fears that China could destabilize U.S. financial markets by dumping Treasuries, according to Yahoo Finance. Bessent said China has little reason to sell U.S …
Expert estimates Boeing could lose $1.5 billion after China orders a halt on jet deliveries
The halt on jet deliveries is yet another blow to the airplane manufacturer, potentially to the tune of $1.5 billion.
Nvidia takes $5.5 billion hit as Trump tightens export restrictions in China trade war
Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh …
Trump tariffs live updates: China signals readiness for talks if US shows respect amid ‘numbers game’
China expressed openness to trade talks with the US on Wednesday, under certain conditions, even after the White House clarified that “China now faces up to a 245% tariff on imports to the United …
Stock market today: Dow, S&P 500, Nasdaq futures plunge as Nvidia reveals costly limits on China exports
US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy.
China Seeks Mutual Respect And ‘Win-Win’ Approach From US To Resolve Tariff Dispute, Says Former Beijing Official
China will only engage in talks with the U.S. if its leaders show respect towards Beijing, a former Chinese official told Bloomberg News in an interview. Zhu Guangyao, who was China’s Vice Minister of …
China’s economy beats forecasts ahead of Trump’s ‘Liberation Day’
China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of swingeing US tariffs, but warned it faced “certain pressures” from Donald Trump’s …
China’s economy beats forecasts amid Trump trade war
China says its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of swingeing US tariffs, but warned it faced “certain pressures” from Donald Trump’s trade blitz.
Beijing Defiant as Trump Presses China to Make Tariff Offer
President Donald Trump has called on China to reach out to him in order to kick off negotiations to resolve the escalating trade fight between the world’s two largest economies. As the US warns “the …
China’s economy beat forecasts in first quarter ahead of Trump’s ‘Liberation Day’
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs. Figures released …
Treasury Secretary Scott Bessent to Yahoo Finance: China hasn’t weaponized Treasurys despite bond market volatility
The US bond market is sending worrying signals on the health of the economy. US Treasury Secretary Scott Bessent shares his perspective on the state of the bond market.
