WASHINGTON China's top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China's yuan at an appropriate level.
SHENZHEN, China/SHANGHAI Huawei Technologies Co Ltd's third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States expected to hammer its business. | Video
WASHINGTON The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.
WASHINGTON A U.S.-China currency agreement being floated as a symbol of progress in this week's trade talks between the world's two largest economies would largely repeat past pledges by China, currency experts say, and will not change the dollar-yuan relationship that has been a thorn in the side of President Donald Trump.
WASHINGTON/SHANGHAI The U.S. government widened its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week. | Video
BEIJING Chinese mainland tourists cut back on trips and spending abroad during the long "Golden Week" holidays in early October, with a weaker yuan, political turmoil in Hong Kong and global tensions dampening their enthusiasm to travel too far from home.
BRUSSELS President Donald Trump has hailed a ruling by the World Trade Organization (WTO) that gives the United States the right to hit Europe with tariffs, but his new-found satisfaction with the WTO's rules-based approach is expected to prove short-lived.
BEIJING/HONG KONG China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe.
HONG KONG Huawei Technologies' device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year - as much as it earned in all of 2018 - a rare regulatory filing showed.
(Corrects issuer name to Huawei Investment Holdings from Huawei in paragraph 2 of this Sept. 11 story.)
The yuan charge
The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains. Document