The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market. China said it won’t take longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa and American Express Co., according the text of a landmark trade agreement with the U.S. It should be an especially welcome reprieve for Mastercard and its partner NetsUnion Clearing Corp., which set up a venture in March that is still awaiting approval from the People’s Bank of China to begin operations.
Hong Kong medical experts have discovered the Wuhan pneumonia disease can be transmitted between humans after a woman was apparently infected by her husband.
The U.S.-China trade deal was signed -- costly tariffs will stay in place, but billions more in sales are promised
The U.S.-China trade deal that President Donald Trump and China's Vice Premier Liu He signed on Wednesday provides an escape clause for either country to withdraw if a dispute cannot be resolved through high-level talks. That’s one of the many details tucked in the 86-page agreement.
The U.S. government is nearing publication of a rule that would vastly expand its powers to block shipments of foreign-made goods to China’s Huawei, as it seeks to squeeze the blacklisted telecoms company, two sources said.
China Pledges To Buy $200 Billion Of American Goods Under Phase One Trade Deal; Tariff remains unchanged
With the Phase One trade deal signing scheduled for tomorrow, new details have emerged about China’s pledge to significantly ramp up purchases of U.S. exports including manufactured goods, food, farm products, energy and services, sources told Reuters.
In another sign of thawing relations, the U.S. Treasury on Monday formally stepped back from its decision last year to label China a currency manipulator.
China's exports grew at the slowest pace in three years, as two years of trade tensions with the U.S. weighed on the Chinese economy amid a global slowdown.
Taiwan's President Tsai Ing-wen has secured a second term after sweeping to victory in an election dominated by the island's relationship with China.
Mainland media reported the Ant Financial speeded up their pace to list in Hong Kong, possibly surpassing other US-listed Chinese companies, such as Ctrips, Baidu, to list in Hong Kong.
China’s once-buoyant car market posted declining sales for a second consecutive year, falling well short of analysts’ expectations as an economic slowdown deterred consumers from splashing out on big-ticket items.
U.S. President Donald Trump on Thursday said his administration will start negotiating the Phase 2 U.S.-China trade agreement soon but that he might wait to complete any agreement until after November’s U.S. presidential election.
The mysterious outbreak in China causing dozens of people to fall sick with pneumonia may be the result of a new coronavirus, a member of the same family of viruses that caused SARS.
US President Donald Trump has said Iran "appears to be standing down" after it fired missiles at air bases housing US forces in Iraq.
CITIC is reportedly looking to sell its 22% stake in McDonald’s mainland China and Hong Kong operations two years after it acquired the stake.
A consortium led by Chinese tech giant Tencent Holdings Ltd. is seeking a 1 billion euro ($1.1 billion) loan to fund its $3.4 billion purchase of a stake in Universal Music Group, Bloomberg reported Tuesday.
Singapore is taking a big step forward in fintech with the opening of digital bank license applications by the Monetary Authority of Singapore (MAS), allowing non-bank players to enter the market and serve consumers and businesses for the first time.
Iran has launched more than a dozen ballistic missiles against U.S. military and coalition forces, targeting at least two military bases in Iraq, the U.S. Defense Department announced late Tuesday.
Hong Kong to add mystery Wuhan pneumonia to list of notifiable infectious diseases, giving authorities power to quarantine patients
Medical practitioners in Hong Kong must notify the government of anyone suspected to have been infected with the mystery Wuhan pneumonia under a change expected to be in place this week which also gives the authorities the power to place patients under mandatory quarantine.
Following Alibaba’s historic secondary listing on the Hong Kong stock exchange, other Chinese tech giants including Baidu are considering a similar strategy, according to The latest IPO.
A mysterious viral pneumonia that has infected dozens in central China is not Severe Acute Respiratory Syndrome (Sars), health chiefs have said.