The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
Category: China
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Taiwan Suspects a Chinese-Linked Ship of Damaging an Internet Cable
The Taiwanese Coast Guard said seven Chinese nationals were aboard a ship suspected of causing the damage.
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U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
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U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.
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Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
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Migrant Chinese Muslims in NYC Say They Now Fear Trump
At a shelter in the Flushing area of New York, Hui Muslims who fled oppression in China are concerned about the president-elect’s vows to tighten asylum policy.
