Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as well as the global community, the official People’s Daily said an editorial on Saturday...
Read moreChina’s top banking and insurance regulator said on Thursday the country plans to further open up its banking, securities and insurance sectors. Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) told a...
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Read moreChina’s central bank said it will inject 35 billion yuan ($5.06 billion) through open market operations on Wednesday, traders said. The People’s Bank of China (PBOC) is injecting 15 billion yuan through seven-day reverse bond...
Read moreChina’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer “heavy losses” if they bet against the currency. The yuan has...
Read moreChina’s commerce ministry said on Friday that more efforts should be made to achieve the goal of stabilizing trade while improving its quality, adding that the trade environment is growing more uncertain and challenging. The domestic...
Read moreASIAN finance leaders agreed to consider adding the Chinese yuan and the Japanese yen to their mutilateral currency swap arrangement to ramp up their firepower to deal with potential financial crises, the Nikkei newspaper reported on Friday. The...
Read moreNearly 60 percent of listed Chinese companies have posted net profit growth last year, led by the nation’s strong banking sector. Almost 2,000 out of 3,400 firms listed on the bourses of Shanghai and Shenzhen have logged increasing profits...
Read moreChina and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade war, after U.S. Treasury Secretary Steven Mnuchin said he had a “nice” working dinner the night before with China Vice Premier...
Read moreMajor central banks are done tightening policy, according to a majority of economists polled by Reuters, with the growth outlook wilting across developed and emerging economies along with scant prospects for a surge in inflation. While that is...
Read moreChina’s central bank has no intent to tighten or relax monetary policy, a vice governor said on Thursday, as the market debates how much more support Beijing will give the economy after surprisingly resilient data was released last week...
Read moreAny trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural factors like intellectual property, a senior International Monetary Fund official said on Friday...
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