Archive for December 9th, 2016

China forex reserves plunge amid surging dollar

09-Dec-2016 Intellasia | AFP | 6:00 AM

China’s foreign exchange reserves plunged by $69 billion in November to a five-year low, according to central bank data released Wednesday, as policy-makers battled to [...]
» More

Trump misses target with China onslaught: experts

09-Dec-2016 Intellasia | AFP | 6:00 AM

US President-elect Donald Trump accuses China of keeping its yuan currency artificially low and slapping unfair taxes on American exports. However, analysts say Beijing is in [...]
» More

China warns against ‘irrational’ overseas acquisitions

09-Dec-2016 Intellasia | AFP | 6:00 AM

China has urged domestic companies to avoid “irrational” overseas investments following a record-setting buying spree that has worried authorities about capital [...]
» More

Book describes new Pearl Harbor attack, this time by China

09-Dec-2016 Intellasia | AFP | 6:00 AM

A surprise attack on Pearl Harbor has captivated Pentagon brass in recent months. Not the infamous Japanese assault of 1941, but rather a fictional account that opens [...]
» More

Trump’s ambassador to China wants closer trade ties between the countries. Wait, what?

09-Dec-2016 Intellasia | VOX | 6:00 AM

Iowa Gov. Terry Branstad will be Trump’s ambassador to China, the Trump campaign confirmed in a call Wednesday morning. On the face of it, the pick seems odd – [...]
» More

Branstad’s move to China means Iowa’s first female governor

09-Dec-2016 Intellasia | AP | 6:00 AM

The likely departure of the nation’s longest-serving governor to become US ambassador to China means Iowa could soon be led by its first female governor, just as the [...]
» More

Trump’s choice for top China diplomat has long ties to Xi

09-Dec-2016 Intellasia | AP | 6:00 AM

It may seem odd for the governor of a lightly populated agricultural state to be chosen as US ambassador to China, especially amid escalating talk of a trade war with the [...]
» More

Trump taps China ambassador, consults Obama

Trump taps China ambassador, consults Obama

09-Dec-2016 Intellasia | AFP | 6:00 AM

President-elect Donald Trump has selected a political ally with close ties to China as ambassador to Beijing, stressed his determination to create US jobs and revealed he [...]
» More

Trump fills homeland security, environment, China ambassador jobs

09-Dec-2016 Intellasia | Reuters | 6:00 AM

President-elect Donald Trump on Wednesday picked a fossil fuel industry defender as his top environmental official, another retired general as homeland security chief and [...]
» More

Ford makes contingency plans in case of China end of the year tax surprise

09-Dec-2016 Intellasia | Reuters | 6:00 AM

Ford Motor Co (F.N) expects China to wait until the last possible moment to announce whether it will extend a tax cut on small engine cars set to expire at year’s end [...]
» More

China’s tighter capital controls impeding Western firms’ payments, dividends-lobbies

09-Dec-2016 Intellasia | Reuters | 6:00 AM

Tighter rules in China on outbound capital flows have raised barriers for European and US companies to get money out of the country, two prominent business lobbies said on [...]
» More

China November forex reserves fall more than expected to $3.05 trillion, lowest since 2011

09-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s foreign exchange reserves fell for a fifth straight month in November and by more than expected to the lowest since March 2011, as authorities struggled to [...]
» More

China November forex reserves fall more than expected to lowest in nearly 6 years

09-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s foreign exchange reserves fell far more than expected in November to the lowest level in nearly six years, as authorities struggled to stem capital outflows and [...]
» More

China gold reserves unchanged at end-November -central bank

09-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s gold reserves totalled 59.24 million fine troy ounces at the end of November, unchanged from a month earlier, the central bank said on Tuesday. The reserves [...]
» More

China pledges to increase openness with foreign investment rules

09-Dec-2016 Intellasia | Reuters | 6:00 AM

China moved towards opening up markets such as railway equipment and vehicle batteries on Wednesday with the publication of draft foreign investment guidelines which it said [...]
» More