US-China Trade War: American company suffering for the situation
American companies in China have been warned that they are facing a “paradigm shift”, where ties between the United States and China will never return to pre-trade war days. The […]
China
Kuwait, China deal for a 10 bn investment fund
Kuwait is planning to create a $10-billion fund with China to invest in the two countries, reported Bloomberg, citing people with knowledge of the matter. The Gulf state is discussing […]
China blocked millions from travel testing social credit last year
Millions of people in China last year were barred from traveling and even getting a better job because of their failure to pay fines, among other minor offenses. China’s National […]
Trump delays tariffs, waiting for next weekend meeting
President Donald Trump announced that the US would delay the increase of tariffs on Chinese goods as talks to end the trade war between the world’s two largest economies continue. […]
Hong Kong: banking and insurance sector, the real winner for the Greater Bay Area
Hong Kong and the other cities in the “Greater Bay Area” are likely to see an increase in cross-border insurance and banking activity, mutual fund investments and commodities trading under […]
China’s yuan to enforce its stability
The yuan is entering a critical period after posting its second-best monthly advance ever, with analysts sounding caution as a new round of China-US trade talks gets underway. The Chinese […]
Oil slips on increased US rig count
Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the […]
China GDP cools down, 2018 at the lowest since 1990
Official data from the National Bureau of Statistics show the Chinese GDP growth slowed to 6.4 per cent over the year to the end of December, down from 6.5 per […]