China threatened Tuesday to take countermeasures against the United States “to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on …
Tagged By financials
China’s yuan hits 2023 lows on signs PBOC is tolerant of some weakness
China’s yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to counteract the blow to exports…
China calls Trump’s new tariff threat ‘a mistake upon a mistake’ and looks for opportunity in global trade war
As countries around the world scramble to negotiate concessions from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.
China cenbank says it supports sovereign wealth fund stepping in to support stocks
China’s central bank said on Tuesday it supported sovereign wealth fund Central Huijin Investment increasing its holdings in stock market index funds.
China financial regulator to raise insurance funds’ limits for stock investment
China’s financial regulator plans to increase the proportion for insurance funds to invest in the stock market as part of actions it will take to increase support for the capital market and the real …
Trump threatens further tariffs on China as global markets plunge
US President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war.Mr Trump’s threat, which he …
China love guru who teaches women how to marry rich faces US$1 million tax evasion fine
Self-styled ‘McKinsey of relationships’ teaches that relationships, marriage are strategic tools for climbing social, financial ladder A controversial Chinese “love guru” who teaches women how to marry wealthy men and reportedly earns 142 million yuan…
Trump Comes Out Fighting in Fresh Post. Hits Out at China.
President Donald Trump hit out at China following the country’s retaliatory tariffs in a social media post Monday. Trump said the “long time abused USA” was now bringing in billions of dollars a week from…
Will Trump’s Newest 50% Tariff on China Double the iPhone Price?
President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump’s additional tariffs followed China’s …
China plans to turn Trump tariff ‘crisis into opportunity’
As countries around the world scramble to negotiate concessions from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.
The nuclear option China could take in trade war with the US
President Xi Jinping is on the offensive. China’s surprise announcement of 34pc retaliatory tariffs on US goods triggered a fresh wave of stock market falls on Monday.
Could the iPhone Double in Price With Trump’s Extra 50% Tariff on China?
President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump’s additional tariffs followed China’s …
No, the U.S. doesn’t have a $1 trillion trade deficit with China. What Trump got wrong.
Does the U.S. run a $1 trillion trade deficit with China, as President Donald Trumped claimed? And is the U.S. “losing $1.9 trillion on trade” every year? Not by a long shot. The president on…