Thursday, October 29, 2020
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US Mulled Ban on China’s Big State-owned Banks over North Korea Ties

The Trump administration shied away from blacklisting two of China's big four state-owned banks over their North Korean ties due to concerns about the...

China Will Work with Other Nations to Combat Trump’s Tariffs

Beijing has warned that new tariffs mooted by the Trump administration will have a deeply adverse impact upon the global economic order. Wang Hejun, head...

Beijing Threatens Retaliation Against US Metal Tariffs

The Chinese government says it will engage in retaliatory action if the US imposes tariffs against imports of aluminium and steel products. Wang Hejun, chief...

New York Times Says China the Star at Davos, Belt and Road Could Be New WTO

America's newspaper of record says that China may have been the real star at the recent World Economic Forum at Davos, due to jitters...

China Reduces Holdings of US Treasuries in November

China reduced its holdings of US sovereign bonds in November 2017 following an increase of USD$8.4 billion the previous month. Official data indicates that China...

Leading Chinese Credit Agency Downgrades US Due to Debt Concerns

One of China's leading ratings agencies has downgraded the United States' sovereign credit standing due to concerns over its increasing dependence upon debt-driven growth. Dagong...

Leading Reform Advocate Slams Refusal to Recognise China as Market Economy

One of China's leading free market reformers says the refusal of the US and EU to confer China with market economy status is "extremely...

Beijing Says Reports It Will Halt Purchases of US Treasuries Are “Incorrect”

Beijing has provided an equivocal denial to reports that it is considering a slow down or suspension of its purchases of US Treasuries. As a...

UK Think Tank Sees Chinese Economy Overtaking US by 2032

A new report from the London-based Centre for Economics and Business Research sees China overtaking the US to become the world's largest economy in...

US Denial of Market Economy Status is Costing China Billions

The Trump administration's official decision to refuse China recognition as a "market economy" could end up costing Chinese enterprises billions of dollars in lost...

Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...