Monday, January 25, 2021
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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

Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...