Fitch Ratings downgraded China’s long-term foreign-currency issuer default rating on concerns of the country’s weakening public finances and rising public debt.
Tagged By financials
China vows retaliation as Trump unleashes ‘bazooka’ US tariffs
China vowed to retaliate against Donald Trump’s biggest tariffs yet , putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.
Are Trump’s Asia tariffs a ‘full-frontal assault’ on China?
As US President Donald Trump laid out tariffs on virtually every one of America’s trading partners on Wednesday, he had strong words for Beijing. “I have great respect for President Xi [Jinping] of China,
China’s financial innovations inspiring
Despite the current challenges, however, the global financial outlook has been stable so far. China has introduced a series of measures to safeguard financial stability, with a view to maintaining necessary levels of liquidity in…
Trump’s global tariffs hurt China with ‘all-round blockade’
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the…
Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China’s Response
Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.
Trump’s tariffs seen as far worse shock to China than first trade war
The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far …
China says opposes new US tariffs, vows ‘countermeasures’
China on Thursday said it “firmly opposes” sweeping new US tariffs on its exports and vowed “countermeasures to safeguard its own rights and interests”.The Commerce Ministry in Beijing said in a …
Beijing begins sale of its first sovereign green bond
China kicked off its first-ever sale of a green sovereign bond, as it looks to raise as much as six billion yuan (US$826mil) in an offering it plans to list in London.
China’s Gold Reserves Going Through the Roof
In the past three years, China’s import plus domestic mine supply exceeded withdrawals from the vaults of the Shanghai Gold Exchange (SGE). As the SGE is the center gold bourse in China—through laws …
Over 1,000 Chinese listed firms reveal financial results; semiconductor sector shows strong performance
More than 1,000 listed companies in China have released their 2024 financial results as of April 2, with semiconductor and consumer electronics firms posting strong performances amid booming demand …
Chinese, EU officials hold 16th bilateral financial dialogue in Belgium
VCG. China’s Vice Minister of Finance Liao Min co-chaired the 16th China-EU Financial Dialogue with EU officials in Brussels, Belgium on Monday, according to a stat …
Kenya retracts comment on China debt talks, sowing confusion
Kenya denied on Wednesday it had discussed debt restructuring with China’s finance minister after amending a reference in a social media post released in the wake of a meeting between the two …
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