Category «China-US Focus»

US Fed survey shows modest economic growth, higher costs from tariffs

A man walks to work on Wall Street, near the New York Stock Exchange, in New York. Photo: IC     The US economy expanded “modestly” from October through mid-November while retailers reported higher costs resulting from tariffs, according to a Federal Reserve survey released on Wednesday. “Most Districts reported stable to moderately growing consumer …

Private sector strong amid trade war Govt policies, new markets help many survive and thrive

A vendor shows decoration strips to a foreign purchaser in Yiwu, East China’s Zhejiang Province on November 13. Photo: Ma Jingjing/GT Although the long-lasting China-US trade war has weighed on Chinese exporters over the past year, it turns out the country’s export-oriented private sector has grown even stronger as tax breaks from the central government …

China, US inject optimism on trade talks Phone call sends positive signal, but ball is in US’ court: experts

Chinese made jackets are displayed for sale at a Manhattan department store in New York City in May. Photo: VCG China and the US on Tuesday injected fresh optimism into prospects for a highly anticipated phase one trade agreement, as top trade negotiators of both sides agreed to address remaining issues for the interim deal …

Chinese technology firms shift listings away from US More may follow Alibaba with Hong Kong IPO

The listing ceremony of Alibaba’s Hong Kong debut. /CGTN Photo Chinese technology behemoth Alibaba made headlines on Tuesday by going “back home” with the world’s largest IPO so far in Hong Kong, in addition to its US listing. Observers saw Alibaba’s move as a trend, under which more Chinese companies will list either in Hong …

HK shares unshaken by external factors Few ripples from US passage of pro-rioters bill

A corner of the stock exchange in Hong Kong Photo: VCG No stocks tumbling. No capital flight. Hong Kong’s capital markets have been as solid as a rock despite external interference, especially the passage of a bill by the US Congress that supports Hong Kong rioters.  Such calm underlines Hong Kong stock market’s solid foundation, …