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The United States and China are getting ready to speak to one another in Shanghai this week regarding the lasting trade war between the two countries. While there aren’t massively positive hopes for things, there are ways that the meetings can improve current relations, reports MarketWatch. Those with knowledge of the situation believe that while…
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As you may know, the United States and China have been in a bit of a trade war thanks to the United States President Donald Trump and Chinese President Xi Jinping. The two are looking to meet next week to talk about regulations and changes. However, one analyst, Larry Kudlow, says we shouldn’t hope for…
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Tesla is reportedly working ahead of schedule to finish the construction of its Shanghai-based Gigafactory 3 and is on the way to becoming the leading luxury EV company in China. Tesla is moving quickly in China While there are news reports about workers facing stressful conditions in open-air tent production facilities of the Silicon-Valley based…
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The ongoing trade war between the United States and China has come with some major effects on businesses from both nations and this has resulted in some American companies opting to move their production in order to cut costs and risk. The majority of US companies that take the production of their goods to China…
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The US and China are still standing in different positions because of which the trade war may not come to an end before 2020. The uncertainty over the current issues is leading the businesses to postpone their decisions because of their investments and consumption are getting hurt. Unpredictability leads to damage Interestingly, the unpredictability of…
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The Chinese authorities unleashed their might on 380 online lenders. It announced on Monday that it had seized about $1.5 billion worth of assets from these lenders. Online lending is a lightly regulated industry in China that has faced numerous scandals and issues of late. Online lenders are a liability for Beijing When the online…
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Many people in China’s financial industry may not know, but credit risks exist for operators of small & medium lending. As the regulators prepare to monitor their operations closely, all these risks will surface. Right now, some rural co-operatives and city banks whose credit quality is low have received a notice from China regulators. This…
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The emerging P2P industry has been growing at a momentous pace over the last decade. This is because investors feel comfortable borrowing money from individual investors with the help of P2P platforms compared to traditional banks. This practice of lending and borrowing money is quite simple and easy. Borrowing or lending with just a click…
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The public just laid eyes the Surface Laptop. Microsoft showcased the new machine on Tuesday — an alluring laptop with an affordable price tag. Not one to tone things down, the tech company is set to showcase yet another Surface gadget this month. If rumors are anything to go by, the 23rd of May will…
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Microsoft Corporation has sold its MSN China unit to a local company. The company’s Chinese web portal was struggling due to government regulations and growing competition from local companies, Caixin Online reported. The sale of MSN China follows other tech companies’ similar failures in country, according to the report. MSN China MSN China is a Chinese edition…
