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Category Yuan

China is bailing out over $1 trillion in unpaid local government debts to private firms

China is bailing out over $1 trillion in unpaid local government debts to private firms

China is preparing a major bailout to clear over $1 trillion in unpaid bills local governments owe to private companies, according to Bloomberg. Th...
Trump urged the EU to impose 100% tariffs on imports from India and China

Trump urged the EU to impose 100% tariffs on imports from India and China

Trump urged the EU to impose 100% tariffs on imports from India and China.
U.S. tariffs are straining the international petrochemicals market

U.S. tariffs are straining the international petrochemicals market

U.S. tariffs are adding strain to an already soft petrochemicals market, and China, the biggest producer, is redirecting more cargoes to Asian buye...
US U.S. Federal Communications Commission considers revoking recognition for seven China-linked testing labs

US U.S. Federal Communications Commission considers revoking recognition for seven China-linked testing labs

On Monday, the Federal Communications Commission said it has opened a proceeding to revoke U.S. recognition for seven testing laboratories tied to ...
Chinese margin debt hits record $322B as regulators signal caution

Chinese margin debt hits record $322B as regulators signal caution

Chinese investors borrowed about $322 billion to buy stocks this year, which pushed indexes up, but this week’s drop and tougher signals from regul...