January 7, 2022
Via: ABC NewsChina’s lockdowns of big cities to fight coronavirus outbreaks are prompting concern about more disruptions to global industries after two makers of processor chips said their factories were affected. That has added to unease about the omicron variant’s global economic […]
April 16, 2021
Via: TimeBEIJING — China’s economy grew by double digits in the latest quarter but an explosive rebound from the coronavirus pandemic is slowing abruptly as manufacturing and consumer spending return to normal. The economy grew by 18.3% over a year ago, […]
Financial Services, Industries, News
April 9, 2021
Via: CNBCBEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to China are only going to rise, according to a report from Cowen. “We believe President Biden represents a greater risk for […]
January 18, 2021
Via: ABC NewsStock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in […]
December 2, 2020
Via: CNBCFor the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]
Financial Services, Industries
September 2, 2020
Via: CNBCFrom regulatory approval to business decisions, major American financial giants are moving deeper into the Chinese market, even though political tensions between the two countries are growing. Citi announced Wednesday it received a domestic fund custody license from the China […]
January 15, 2020
Via: TimePresident Donald Trump is expected to sign “phase one” of a U.S.-China trade deal Wednesday—marking a cooling of the trade war that has roiled markets and upset supply chains around the globe. On paper, the deal will enhance Intellectual Property […]
Financial Services, Industries
August 20, 2019
Via: CNBCChina’s central bank has changed the way commercial lenders set interest rates for loans — a move expected to bring borrowing costs lower at a time when the Chinese economy needs a boost. Growth in China is slowing down as […]
January 3, 2019
Via: CNBCThe health of the Chinese economy is becoming a big worry for some international firms. Buffeted by the ongoing trade war between Beijing and Washington — not to mention an already-anticipated slowdown in domestic growth engines — the world’s second-largest […]
November 9, 2018
Via: Business InsiderChinese exports to the US have risen this year as the country looks to get as many goods as possible off its shores before steeper tariffs come in January. “This growth is due to exporters’ concern that the 10% tariffs […]
May 24, 2017
Via: CNNHow’s China doing in tackling its growing debt problem? Not great, according to one of the world’s top credit rating agencies. Moody’s Investors Service on Wednesday downgraded China’s sovereign debt one notch to A1, the agency’s fifth-highest rating. It’s the […]
November 16, 2023
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November 14, 2023