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The two world leaders are set to meet at the G20 summit next week in Osaka, Japan next week to discuss the ongoing US-China trade war.
The two world leaders are set to meet at the G20 summit next week in Osaka, Japan next week to discuss the ongoing US-China trade war.
The People’s Bank of China will sell 30 billion yuan (US$4.3 billion) worth of short terms bonds in Hong Kong next week to facilitate propping up the yuan.
The People’s Bank of China will sell 30 billion yuan (US$4.3 billion) worth of short terms bonds in Hong Kong next week to facilitate propping up the yuan.
China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves.
China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves.
The Southeast Asian nation’s footwear exports to the United States have grown 6.7 per cent at the start of 2019, compared with a 4.7 per cent rise in 2018.
The Southeast Asian nation’s footwear exports to the United States have grown 6.7 per cent at the start of 2019, compared with a 4.7 per cent rise in 2018.
Policymakers issue joint communique saying they ‘will continue to address risks and stand ready to take further action’ as trade war between US and China dominates discussions.
Policymakers issue joint communique saying they ‘will continue to address risks and stand ready to take further action’ as trade war between US and China dominates discussions.
US Treasury Secretary Steven Mnuchin puts ball back in Beijing’s court, saying Washington prepared to ‘move forward’ as long as China accepts its terms.
US Treasury Secretary Steven Mnuchin puts ball back in Beijing’s court, saying Washington prepared to ‘move forward’ as long as China accepts its terms.
Liu Kun says leaders must work together to tackle challenges of digital economy, rapid growth of information technology; Steve Mnuchin agrees a globally fair and modern international taxation system is needed.
Liu Kun says leaders must work together to tackle challenges of digital economy, rapid growth of information technology; Steve Mnuchin agrees a globally fair and modern international taxation system is needed.
Currency’s slump is not a coincidence and could be the result of Beijing not intervening in markets, politician says.
Currency’s slump is not a coincidence and could be the result of Beijing not intervening in markets, politician says.
It could provide an indication of whether Xi Jinping and Donald Trump will meet at the G20 leaders summit in Osaka later this month.
It could provide an indication of whether Xi Jinping and Donald Trump will meet at the G20 leaders summit in Osaka later this month.
Foreign financial institutions increasingly reluctant to lend US dollars to Chinese banks given worries about financial risks amid the trade war.
Foreign financial institutions increasingly reluctant to lend US dollars to Chinese banks given worries about financial risks amid the trade war.
China’s US$3.1 trillion in foreign exchange reserves may not be sufficient to support a crisis in the economy, analysts say.
China’s US$3.1 trillion in foreign exchange reserves may not be sufficient to support a crisis in the economy, analysts say.
People’s Bank of China weigh further interest rate liberalisation in the midst of the trade war with the United States, including scrapping benchmark lending rates.
People’s Bank of China weigh further interest rate liberalisation in the midst of the trade war with the United States, including scrapping benchmark lending rates.
China’s housing market is showing signs of a bubble similar to that seen in Japan in the 1980s, says Asian Development Bank Institute dean and CEO Naoyuki Yoshino.
China’s housing market is showing signs of a bubble similar to that seen in Japan in the 1980s, says Asian Development Bank Institute dean and CEO Naoyuki Yoshino.
US President Donald Trump seeking to penalise countries that allow their currency to fall against the US dollar to offset the impact of new US trade sanctions.
US President Donald Trump seeking to penalise countries that allow their currency to fall against the US dollar to offset the impact of new US trade sanctions.
As trade war escalates, there is increasing talk in China’s state media that Beijing will use monetary weapons to retaliate as ‘last resort’.
As trade war escalates, there is increasing talk in China’s state media that Beijing will use monetary weapons to retaliate as ‘last resort’.
Head of the State Administration of Foreign Exchange says will keep the yuan stable at a ‘reasonable and balanced level’, despite tariff pressure.
Head of the State Administration of Foreign Exchange says will keep the yuan stable at a ‘reasonable and balanced level’, despite tariff pressure.
A further drop to 7 yuan against the dollar could help counter China’s tariff costs, even though Beijing has vowed it won’t use the currency as ammunition in the trade war.
A further drop to 7 yuan against the dollar could help counter China’s tariff costs, even though Beijing has vowed it won’t use the currency as ammunition in the trade war.
Asean+3 mulls adding yuan and yen to regional reserves pool on expected shifts in consumption and investment patterns away from globalisation due to trade war
Asean+3 mulls adding yuan and yen to regional reserves pool on expected shifts in consumption and investment patterns away from globalisation due to trade war
Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.
Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.
Consumer prices rise to 2.5 per cent in April, up from 2.3 per cent in March, as pork prices jump 14.4 per cent, according to the National Bureau of Statistics.
Consumer prices rise to 2.5 per cent in April, up from 2.3 per cent in March, as pork prices jump 14.4 per cent, according to the National Bureau of Statistics.
US President Donald Trump says he will increase levies on Chinese exports leading yuan to drop by almost 1 per cent to 6.7976 per dollar on Monday.
US President Donald Trump says he will increase levies on Chinese exports leading yuan to drop by almost 1 per cent to 6.7976 per dollar on Monday.
US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.
US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.
Asia economic sentiment remained weak in April, due in large part to soft foreign demand, signalling continued global growth risks.
Asia economic sentiment remained weak in April, due in large part to soft foreign demand, signalling continued global growth risks.
Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July.
Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July.
The US is concerned that its trading partners have unfairly devaluated their currencies through market interventions to help their exporters gain a competitive advantage.
The US is concerned that its trading partners have unfairly devaluated their currencies through market interventions to help their exporters gain a competitive advantage.
A high profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies.
A high profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies.
Gross domestic product, fixed asset investment and retail sales improved from the fourth quarter, highlighting improved sentiment.
Gross domestic product, fixed asset investment and retail sales improved from the fourth quarter, highlighting improved sentiment.
Recent moves by some Chinese state-owned enterprises to boost transparency in supply chain management caused their stock prices to jump.
Recent moves by some Chinese state-owned enterprises to boost transparency in supply chain management caused their stock prices to jump.
Corporate debt in China stood at 155 per cent of gross domestic product by the end of second quarter of 2018, much higher than other major economies.
Corporate debt in China stood at 155 per cent of gross domestic product by the end of second quarter of 2018, much higher than other major economies.
Rise in China’s Purchasing Managers’ Index matched by the likes of Indonesia, Vietnam, Thailand, Japan, South Korea and Taiwan in March, but analysts remain cautious.
Rise in China’s Purchasing Managers’ Index matched by the likes of Indonesia, Vietnam, Thailand, Japan, South Korea and Taiwan in March, but analysts remain cautious.