(Bloomberg) — China took steps to limit weakness in the yuan, providing some stability to global financial markets in the wake of Monday’s rout. The People’s Bank of China on Tuesday set the daily ……
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Air China to suspend Beijing-Hawaii route flights from August 27
BEIJING (Reuters) – Air China will suspend its flights on the Beijing-Hawaii route from Aug. 27 after a review of its network, China’s flagship carrier said on Tuesday, as travel demand … ( read original…
China’s yuan falls further to U.S. dollar amid trade war fears
BEIJING — China’s yuan fell further Tuesday against the U.S. dollar, fueling fears about increasing global damage from Beijing’s trade war with U.S. President Donald Trump. The yuan declined to … ( read original story…
China Says U.S. Allies Face Retaliation If They Host Missiles
China’s foreign ministry said in a statement late Monday that the country “will not sit idly by” in response to such threats, urging the U.S. to avoid escalating tensions. A ministry official … ( read…
Air China to suspend Beijing-Hawaii route flights from Aug 27
BEIJING (Reuters) – Air China will suspend its flights on the Beijing-Hawaii route from Aug. 27 after a review of its network, China’s flagship carrier said on Tuesday, as travel demand … ( read original…
U.S. designates China as currency manipulator for first time in decades
The news knocked the dollar sharply lower and bolstered the price of gold . The Treasury Department said a statement from the People’s Bank of China (PBOC) on Monday made clear that Chinese … (…
China Signals No Surrender to Trump’s Latest Tariff Threat
China wasted very little time in signaling on Monday that President … For even more: Subscribe to Bloomberg All Access for full global news coverage and two in-depth daily newsletters, The Bloomberg … ( read…
China just let its currency fall to an 11-year low — a sign Beijing is ready fight back in Trump’s trade war
China’s central bank on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade, citing the trade war as the reason for devaluing the currency. It’s…
China media warns Beijing won’t ‘sit idly by’ and let Hong Kong protests continue
Thousands of protesters took to Hong Kong’s streets on Sunday, a day after violent clashes between anti-government protesters and police, and as China’s official news agency warned Beijing will not … ( read original story…
Reports of a secret base deal are raising fears that Beijing is boxing in the South China Sea
Reports of a deal between China and Cambodia over a naval base have stoked concerns about Beijing’s ambitions in the South China Sea and Indian Ocean. … ( read original story …)
Trump says he wants a new nuclear weapons pact with Russia and China
U.S. President Donald Trump said Friday that he would like a new nuclear weapons pact that includes Russia and China, the same day that the U.S. withdrew from a Cold War-era nuclear pact with Russia.…
US China trade war: Beijing has ‘few good options’ to hit back against new tariffs
Beijing said it was ready for a fight. Load Error “China will have to take necessary counter-measures,” a spokesperson for China’s Ministry of Commerce said in a statement, adding that “all the … ( read…
Beijing Says Progress on China-Australia Ties ‘Unsatisfactory’
BEIJING — The progress of repairing China-Australia ties, strained over Canberra’s concerns about Chinese influence in its domestic affairs, has been “unsatisfactory,” said China’s top diplomat after … ( read original story …)
