BEIJING (Reuters) – China must protect against all handball in off-balance sheet loans in the so-called shadow banking sector, and must have non-executive assets available as soon as possible, the head of the country’s banking and insurance regulator said on Sunday. In recent years, China has struggled on the shadow …
Read More »China’s economic recovery is underway as consumer comeback remains inevitable
BEIJING (Reuters) – China’s retail sales fell in July, sparking high expectations for modest growth as consumers in the world’s second-largest economy failed to shake warnings about the coronavirus while recovering of the manufacturing sector struggled to pick up pace. Asian markets pulled back Friday from the disappointing set of …
Read More »Exclusive: Review of US-China trade postponed as China warms up farm, energy purchases
WASHINGTON (Reuters) – The United States and China have delayed an assessment of their Phase 1 trade sales, which originally began on Saturday, sources familiar with the plans told Reuters, citing schedule conflicts and the need to allow time for more Chinese purchases of U.S. exports. PHILO PHOTO: U.S. Trade …
Read More »Exclusive: Review of US-China trade postponed as China warms up farm, energy purchases
WASHINGTON (Reuters) – The United States and China have delayed an assessment of their Phase 1 trade sales, which originally began on Saturday, sources familiar with the plans told Reuters, citing schedule conflicts and the need to allow time for more Chinese purchases of U.S. exports. PHILO PHOTO: U.S. Trade …
Read More »Exclusive: Review of US-China trade postponed as China warms up farm, energy purchases
WASHINGTON (Reuters) – The United States and China have delayed an assessment of their Phase 1 trade sales, which originally began on Saturday, sources familiar with the plans told Reuters, citing schedule conflicts and the need to allow time for more Chinese purchases of U.S. exports. PHILO PHOTO: U.S. Trade …
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