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How Will China’s Cryptocurrency Clampdown Play Out?

It's fair to say that when it comes to heavy-handed monetary policy, China is no stranger. Amid a turbulent year which has seen the PBC (People's Bank of China) impose some of the strictest currency controls in recent memory in an attempt to stave off depreciation of the Yuan, as...

Trade war: The distance between the United States and China increases after the failure of the APEC summit

APEC leaders failed to agree on a joint statement for the first time. APEC, or the Asia-Pacific Economic Cooperation, established in 1989, is an intergovernmental forum that includes 21 Pacific-Rim countries and many of the world's major economies, including the US, China, Australia, Japan, Russia, and Korea, which promotes free...

An awful year for the Chinese hi-tech giants

Until recently, China's tech giants seemed to pose a real threat to Silicon Valley. According to an interesting analysis by Bloomberg, 2018 was a nightmare year for the Chinese technology sector.Chinese tech companies have suffered heavy losses since the beginning of the year. Tencent Holdings Ltd. In January 2018 Tencent Holdings Ltd....

China’s exports to US grow despite US tariffs

Despite the trade war between the United States and China, Chinese exports increased in October. Exports jumped almost 16% in October compared to the same month last year, a figure that was significantly higher than analysts expected and even stronger than last month's growth.The performance is surprising considering that October...

China promotes free trade amid US trade war

Xi Jinping paints China as a champion of globalization before the meeting with Trump at the next G20 meeting in Argentina. Xi Jinping, during a meeting in Shanghai, promised to improve access to the Chinese market and lower tariffs on imports."Protectionism and unilateralism are rising. Multilateralism and the free trade...

China’s manufacturing growth drops to two years low

The official China manufacturing PMI (October) for manufacturing production was 50.2 percentage points - lower than the 50.6 forecast by analysts and down compared to 50.8 in September, according to data from the National Bureau of Statistics, published on Wednesday. The official reading of SMEs in October was the lowest...

China and Japan pledge to promote economic cooperation

The two historical rivals have come closer because of US pressure to reduce trade deficits. China and Japan on Friday said they will seek to strengthen economic cooperation, signing several agreements including a $30bn currency swap pact to address the uncertainties caused by the trade war with Washington.Japanese Prime Minister...

China has a huge hidden debt, according to S & P Global

China may have to face a huge hidden debt, with potentially catastrophic consequences, following the boom in infrastructure projects scattered across the various Chinese provinces. S & P Global warns of potential risks related to Chinese debt.According to the report by S & P Global, local governments have accumulated a...

4 Chinese space companies to watch

China is investing hugely in the sector in the private space sector. According to a recent report by Space Angels, China has gone from 0 to 3% of the world market within two years.Related articles: The photographic history of the Chinese space programToday, the entire sector has attracted $ 2...

US / China trade war and Brexit threaten global economic growth, according to the IMF

Global growth could plunge to 3.7% for 2019, due to the "possible failure of the Brexit negotiations". This possibility generates a feeling of widespread uncertainty. The report comes after a black Monday for Chinese stocks that lost only 5% yesterday.The International Monetary Fund has indicated Brexit and the trade war...