Tag: China

September 23, 2019

For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy. Lagarde, who has run the International Monetary Fund since 2011 and was selected in July to replace Mario Draghi from […]

September 9, 2019

China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is sharpening its scrutiny of insurers’ and small […]

September 6, 2019

BEIJING—China’s central bank will unleash roughly 900 billion yuan ($126 billion) into the financial system, in an effort to boost lending as the world’s second-largest economy faces increasing pressure from a trade war with the U.S. The People’s Bank of […]

August 12, 2019

China’s central bank is nearly ready to issue its own sovereign digital currency, according to a senior official. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the institution’s virtual currency was “almost ready” for release, […]

August 7, 2019

The White House’s escalating trade fight with China is increasingly likely to drag on through the 2020 election, handicapping the U.S. economy and potentially endangering President Trump’s re-election. Strategists and economists say the U.S. and China appear further away than […]

August 6, 2019

Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of buying U.S. agricultural products, American farmers are losing one of their biggest customers. It could be […]

June 28, 2019

Chinese authorities’ takeover of the distressed Baoshang Bank — the first such case in nearly 20 years — has spooked the banking sector in the country, with banks finding it more difficult to borrow money from large lenders in the […]

March 1, 2019

Investors don’t seem to understand the importance of China’s economy for European stocks, particularly for Germany and Northern Europe, according to Philip Saunders, co-head of multi-asset at Investec Asset Management. Speaking to CNBC’s “Squawk Box” on Wednesday, Saunders said that […]

January 25, 2019

Even as Beijing pushes out new measures to stimulate its economy, China’s growth slowdown will make it harder for the country’s companies to pay their debts this year, ratings agencies say. The Chinese government on Monday announced official GDP figures […]

January 14, 2019

U.S. equities were looking at a potentially downbeat start to the week, as stock futures fell Monday on weaker-than-expected China trade data that has sparked fresh concerns over a global economic slowdown. How are major benchmarks faring? Dow Jones Industrial […]

November 28, 2018

China’s too-big-to-fail banking rules are heading in the right direction. Chinese regulators published new guidelines on Tuesday for supervising the nation’s financial institutions. Of course, Beijing owns most big lenders, and failures are almost unheard-of. But the very act of […]

November 9, 2018

According to CNN, the Chinese central bank has given Amex preliminary approval to handle payments in yuan today (9 November). The firm can now start setting up the payments network through a joint venture with LianLian Group, its Chinese partner. […]

November 9, 2018

Treasury yields pulled back in early Friday trading, as stocks across the world slipped on concerns over China’s economic slowdown. The 10-year Treasury note yield TMUBMUSD10Y, -0.57% was down 2.2 basis points to 3.210%, while the 2-year note yield TMUBMUSD02Y, […]

November 2, 2018

The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners. The shortfall rose to $54 billion for the month, a 1.3 percent increase, or $700 million, from August and reflective […]

September 26, 2018

President Donald Trump’s administration is failing to recognize the negative effect America’s trade dispute with China and other countries will have on his voters, an investment chief told CNBC. Mark Phelps, chief investment officer of concentrated global growth at AllianceBernstein, […]

September 7, 2018

HNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal reported Friday. The decision, according […]

September 4, 2018

President Donald Trump’s trade policies pose the greatest threat to global economic growth, according to the vice chairman of the world’s largest money manager. In an interview Tuesday, BlackRock’s Philipp Hildebrand also described the Federal Reserve’s current pace of credit […]

August 15, 2018

Recent events in Turkey have reminded investors of the contagion risk coming to the U.S. stock market from abroad. However, the biggest potential contagion is 14 times bigger than Turkey and deserves investors’ attention. Let us explore with the help […]

July 9, 2018

For the past several months, the stock market has faced pressure because of worsening relations between the U.S. and its major trading partners. However, a bigger risk could be the tense relationship between the two major U.S. political parties. According […]

May 22, 2018

Donald Trump’s approach to foreign relations has never been subtle. But the president’s recent declarations about leveling the trade playing field with China, premised on market competition, are more political than economic, the chief executive of Barings said Tuesday. “It’s […]