Tag: beijing

Finance Tech, Trading

Chinese tech stocks decline as Beijing reportedly seeks to break up Alipay in latest volley of regulation

September 13, 2021

Via: Markets Insider

US-listed shares of Alibaba and other Chinese technology companies fell Monday after the Financial Times reported the Chinese government wants to break up Alipay, the financial services superapp from Ant Group, marking Beijing’s latest move to overhaul the fintech heavyweight […]

Finance Tech, Trading

World stocks slip with few leads from US-China talks

February 15, 2019

Via: ABC News

World markets were mostly lower on Friday in the absence of good news as the U.S. and China concluded yet another round of trade talks in Beijing. France’s CAC 40 rose 0.4 percent to 5,080.31 while the DAX in Germany […]

Finance Tech, Trading

China promises prompt tariff cease-fire with Washington

December 6, 2018


BEIJING – China’s government said Thursday it will promptly carry out a tariff cease-fire with Washington and is confident they can reach a trade agreement, suggesting Beijing wants to avoid disruptions due to the arrest of a tech executive. Talks […]

Enterprise, Finance Tech, Industries, Trading

Tesla hikes prices in China as trade war hits US cars

July 10, 2018

Via: CNN

Tesla has hiked the prices of its cars in China by about 20% after getting caught in the crossfire of the trade clash between Washington and Beijing. The move by the electric car maker follows China’s decision to slap new […]

Financial Services

China forex reserves in record fall as Beijing tries to calm markets

September 7, 2015

Via: itCurated

China’s foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing’s attempts to halt a slide in the yuan and stabilize financial markets following its surprise move to devalue the currency last month. China’s reserves, the […]


China stocks plummet again as Beijing sits on sidelines

August 25, 2015

Via: itCurated

Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world’s second-largest economy is deepening. […]