Latest from Karen Yeung
Currency provisions are expected to be included in any interim deal between China and the United States following progress made during talks last week in Washington.
Currency provisions are expected to be included in any interim deal between China and the United States following progress made during talks last week in Washington.
US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.
US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.
US-China trade war is forcing some Hong Kong businesses to relocate part of their manufacturing operations back to the city to avoid American tariffs.
US-China trade war is forcing some Hong Kong businesses to relocate part of their manufacturing operations back to the city to avoid American tariffs.
China watcher Andy Rothman says Beijing must continue to take the serious steps the economy needs to help it grow.
China watcher Andy Rothman says Beijing must continue to take the serious steps the economy needs to help it grow.
Educator Wang Wei has received official backing for her online sex education platform, but it’s a different story for prominent activist Xiong Jing, whose NGO was forced to shut down.
Educator Wang Wei has received official backing for her online sex education platform, but it’s a different story for prominent activist Xiong Jing, whose NGO was forced to shut down.
China’s delegation led by Vice-Premier Liu He will meet their US counterparts in Washington on Thursday and Friday.
China’s delegation led by Vice-Premier Liu He will meet their US counterparts in Washington on Thursday and Friday.
International Monetary Fund (IMF) study finds automation rather than market competition from China can be blamed for regional job losses in advanced economies.
International Monetary Fund (IMF) study finds automation rather than market competition from China can be blamed for regional job losses in advanced economies.
Global economy in ‘synchronised slowdown’ amid trade war between China and the United States, new IMF head Kristalina Georgieva says.
Global economy in ‘synchronised slowdown’ amid trade war between China and the United States, new IMF head Kristalina Georgieva says.
Beijing’s policy of maintaining strict controls on outbound capital is facing a backlash in the US and causing potential investors to drag their feet, analysts say.
Beijing’s policy of maintaining strict controls on outbound capital is facing a backlash in the US and causing potential investors to drag their feet, analysts say.
The People’s Bank of China’s auctioned 10 billion yuan (US$1.4 billion) of six-month bills in the embattled city on Thursday.
The People’s Bank of China’s auctioned 10 billion yuan (US$1.4 billion) of six-month bills in the embattled city on Thursday.
Chief economist warns that with trade war set to continue into 2020, ‘economies may struggle even more than we currently anticipate’.
Chief economist warns that with trade war set to continue into 2020, ‘economies may struggle even more than we currently anticipate’.
Prolonged indecisiveness and conflict making problem ‘more complicated than it should be’, says Xu Weiping, chairman of Advanced Business Park.
Prolonged indecisiveness and conflict making problem ‘more complicated than it should be’, says Xu Weiping, chairman of Advanced Business Park.
Xiao Gang, who oversaw China’s stock markets during the 2015 crash, stresses need to rectify authorities’ ‘fatherly love’ type of supervision.
Xiao Gang, who oversaw China’s stock markets during the 2015 crash, stresses need to rectify authorities’ ‘fatherly love’ type of supervision.
Yuan’s share of international currency transactions only 4.3 per cent, compared to 88 per cent for US dollar, Bank for International Settlements finds.
Yuan’s share of international currency transactions only 4.3 per cent, compared to 88 per cent for US dollar, Bank for International Settlements finds.
The sharp US$15.6 billion decline was due to assets being transferred to local banks, according to the Hong Kong Monetary Authority.
The sharp US$15.6 billion decline was due to assets being transferred to local banks, according to the Hong Kong Monetary Authority.
Ratings agency Fitch trimmed Hong Kong’s credit rating for the first time since 1995 last week, while also cutting the city’s credit rating outlook.
Ratings agency Fitch trimmed Hong Kong’s credit rating for the first time since 1995 last week, while also cutting the city’s credit rating outlook.
Foreign exchange reserves fell from a record high of US$448.4 billion in July to US$432.8 billion in August, the biggest since the data was first published in 1988.
Foreign exchange reserves fell from a record high of US$448.4 billion in July to US$432.8 billion in August, the biggest since the data was first published in 1988.
The consumer price index (CPI) rose 2.8 per cent, unchanged from the previous month’s rate as a 23.1 per cent rise in pork prices continued to fuel inflation.
The consumer price index (CPI) rose 2.8 per cent, unchanged from the previous month’s rate as a 23.1 per cent rise in pork prices continued to fuel inflation.
London-Shanghai Stock Connect programme has started slowly with only one Chinese firm listed in London and no British firms listed in Shanghai.
London-Shanghai Stock Connect programme has started slowly with only one Chinese firm listed in London and no British firms listed in Shanghai.
Donald Trump on Friday claimed US-China trade talks were ‘keeping down the temperature’ in the protest-hit city.
Donald Trump on Friday claimed US-China trade talks were ‘keeping down the temperature’ in the protest-hit city.
Hong Kong’s future as a major international financial centre has been brought into question as the anti-government demonstrations head into a third month.
Hong Kong’s future as a major international financial centre has been brought into question as the anti-government demonstrations head into a third month.
The yuan slipped to the sixth most-used international transaction currency, behind the Canadian dollar, in July, according to financial messaging service provider Swift.
The yuan slipped to the sixth most-used international transaction currency, behind the Canadian dollar, in July, according to financial messaging service provider Swift.
Tit-for-tat tariff increases point to no deal in the short term and disintegration of US-China relationship, economists say.
Tit-for-tat tariff increases point to no deal in the short term and disintegration of US-China relationship, economists say.
China appears to be preparing to offset the impact of Donald Trump’s new US tariffs, increasing fears of regional currency declines and further equity exodus.
China appears to be preparing to offset the impact of Donald Trump’s new US tariffs, increasing fears of regional currency declines and further equity exodus.
The Hong Kong dollar has been pegged at 7.8 to the US dollar since 1983, and has helped the city survive the Asian financial crisis and Sars epidemic.
The Hong Kong dollar has been pegged at 7.8 to the US dollar since 1983, and has helped the city survive the Asian financial crisis and Sars epidemic.
Greater flow of people, capital and goods across the area would improve competition and bolster growth as trade war continues to bite.
Greater flow of people, capital and goods across the area would improve competition and bolster growth as trade war continues to bite.
It may utilise its US$3.1 trillion to adopt a more defensive stance, such as supporting the yuan’s exchange rate, as the trade war with the United States spreads to finance.
It may utilise its US$3.1 trillion to adopt a more defensive stance, such as supporting the yuan’s exchange rate, as the trade war with the United States spreads to finance.
Job and income growth uncertainty means consumers remain cautious about spending, while retail sales growth for July is set to slow as effect of cars sales incentives wears off.
Job and income growth uncertainty means consumers remain cautious about spending, while retail sales growth for July is set to slow as effect of cars sales incentives wears off.
China allowed the yuan to weaken below 7 to the dollar on Monday for the first time in 11 years, raising fears of a financial crisis and global recession.
China allowed the yuan to weaken below 7 to the dollar on Monday for the first time in 11 years, raising fears of a financial crisis and global recession.