Wall Street falls on China, NAFTA concerns

NEW YORK (Reuters) – The three major U.S. stock indexes ended lower on Wednesday after a choppy trading session as investors worried that China would slow U.S. government bond purchases and that U.S. President Donald Trump would end a key trade agreement. The S&P and the Nasdaq snapped a six-day rally after Bloomberg reported that […]

As China gets tough on pollution, will its economy suffer?

As China gets tough on pollution, will its economy suffer?

LEO YAO thought he had nothing to fear from the environment ministry. Before, when its inspectors visited his cutlery factory, he says, they generated “loud thunder, little rain”. After warning him to clean up, they would, at worst, impose a negligible fine. Not so this time. In August dozens of inspectors swarmed over his workshop […]

China defends Islamabad after Donald Trump tears into Pakistan over terrorism

China defends Islamabad after Donald Trump tears into Pakistan over terrorism

Beijing:  A day after US President Donald Trump tore into Pakistan for squandering billions of American aid meant to flush out terrorism, China on Tuesday defended Islamabad saying the world community should acknowledge its all-weather ally’s ‘outstanding contribution’ to counter terror. “Pakistan has made enormous efforts and sacrifice for the fight against terrorism and has […]

China tackles climate change with world’s largest carbon market

China tackles climate change with world’s largest carbon market

Christian Petersen-Clausen/Getty By Timothy Revell China has upped the ante in its efforts to curb greenhouse gas emissions and slow the progress of climate change. The Chinese government is launching a nationwide carbon market that should encourage power companies to cut their emissions. China is the world’s largest polluter, responsible for more than a quarter […]

Donald Trump’s China Hawk Clown College Now in Session!

Donald Trump’s China Hawk Clown College Now in Session!

Donald Trump’s China Hawk clown college is officially in session!  The China hawks are getting their way on Korea, Australia, and Taiwan.  But look for US China policy to overpromise, underdeliver, and screw up in what we now love to call the Indo-Pacific Region. It’s hard to push around the People’s Republic of China.  Maybe […]

China sets sweeping new rules to regulate $15 trillion asset management products

China sets sweeping new rules to regulate $15 trillion asset management products

BEIJING (Reuters) – China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country’s rampantly growing shadow banking sector. FILE PHOTO: A Chinese national flag flutters outside the headquarters of the People’s Bank of China, the Chinese central […]

China hopes quadrilateral meet conducive to regional peace and stability

China hopes quadrilateral meet conducive to regional peace and stability

Beijing: Skirting any direct response to the first quadrilateral meeting of India, US, Japan and Australia, China on Monday questioned its exclusion from the group. At the same time, it expressed hope that the new concept of ‘Indo-Pacific’ is not directed against it. “The relevant proposals should be open and inclusive and should be conducive […]

Trump in Asia: China Looks to Make the Communist Party Great Again…Or Else!

Trump in Asia: China Looks to Make the Communist Party Great Again…Or Else!

Xi Jinping is going to Make the CCP Great Again…or else.  And there is a universe of dumb remarks surrounding Donald Trump as he heads into Asia…and some of them didn’t come from Donald Trump.  New product alert: time to roll out the Democracy Quadrilateral: this year’s hottest fashion in China containment.  Finally, “lawfare” didn’t […]