23 h. ago US stocks drift and Chinese markets rise as trade talks start between the world's largest economies

US stocks drift and Chinese markets rise as trade talks start between the world's largest economies  AP News

Economics

28 h. ago Hibor plunge a bigger deal for stock market than Hong Kong’s property sector

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing a meaningful recovery from taking hold and fuelling concerns about its position as a global financial centre. As an importer of US monetary policy with an economy that is far more synchronised with that of mainland China, Hong Kong has been the biggest casualty of economic and policy divergence between the world’s two largest economies, prompting renewed questions about the suitability...

Economics

7 d. ago China warns US pressure tactics won’t work for trade talks to happen

Beijing on Tuesday urged Washington to “respect facts, stop spreading disinformation, and correct its wrong practices” to create conditions for meaningful dialogue amid a dispute between the world’s two largest economies over a recent trade deal. “Pressure and coercion are not the right way to engage with China,” foreign ministry spokesman Lin Jian said in Beijing a day after the White House said that it was “likely” that US President Donald Trump would speak with Chinese President Xi Jinping...

Events

7 d. ago ‘Full of gunpowder’: price wars of China’s carmakers deepen, draw Beijing’s ire

Beijing has amplified its warnings over cutthroat price wars among carmakers as deflationary pressure persists in the world’s second-largest economy, and economists say a reflation is likely to remain elusive. The Ministry of Industry and Information Technology (MIIT), party mouthpieces and a carmaker association aired concerns at the weekend over recent discounts offered by manufacturers, while collectively deeming price wars a threat to product quality and the long-term development of the...

Events

2 w. ago What's wrong with China economy? Moody's maintains 'negative' rating for world's second largest economy

What's wrong with China economy? Moody's maintains 'negative' rating for world's second largest economy  The Economic Times

Politics

2 w. ago China's primary intelligence organisation labelled world's largest spy; accused of global espionage

China's primary intelligence organisation labelled world's largest spy; accused of global espionage  The Economic Times

Politics