Tuesday, April 13, 2021
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Tag: USA

China and the US Don’t Want a Trade War: Liu He

Senior economic advisor and politburo member Liu He (刘鹤) says that both China and the US have no interest in waging a trade war...

Are China’s Official Foreign Trade Deals Overhyped?

Impressive figures for the foreign trade deals touted following official visits by heads of government to China could be little more than hot air...

Trump Administration Expresses Regret Over China’s WTO Membership

The Trump administration has stepped up Sino-US trade tensions with claims that American support for China's ascension to the World Trade Organization was a...

China Still USA’s Biggest Creditor Following Seventh Month of Increased Treasuries

The latest data from the US Treasury Department indicates that China increased its holdings of US sovereign debt for the seventh consecutive month in...

China’s Per Capita Disposable Income Approaches 1970’s US Levels

A new report from Huatai Securities puts China's current economic state in context by matching it to various periods in the developmental history of...

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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...