{
}
Chinese Premier Li Qiang urged for dialogue over confrontation during a meeting with U.S. Senator Steve Daines, emphasizing the need for cooperation amid rising tensions over trade tariffs and fentanyl trafficking. Daines, a supporter of President Trump, is the first U.S. lawmaker to visit Beijing since Trump took office, and he coordinated closely with the White House on these issues. Li highlighted the importance of fair competition and the necessity for both nations to work together to ensure stable relations.
U.S. Senator Steve Daines met with Chinese Vice Premier He Lifeng in Beijing, marking the first congressional visit since Trump took office. Daines emphasized the need for constructive dialogue on trade and fentanyl issues, while He expressed China's willingness to engage in candid discussions based on mutual respect. Tensions between the U.S. and China have escalated due to tariffs and fentanyl trade concerns, with both sides acknowledging the importance of cooperation.
HSBC is shifting its focus towards Asian corporate clients, announcing plans to wind down its mergers and acquisitions and equity capital businesses in Europe and the Americas. This strategic move, led by CEO Georges Elhedery, comes amid a backdrop of underperformance in these regions, with analysts estimating they contributed only 19% to the bank's investment banking revenue. The decision reflects a broader commitment to enhancing economic ties with China, as emphasized by Chairman Mark Tucker during a recent summit in Beijing.
Beijing will enhance support for high-quality Chinese enterprises to list and issue bonds in Hong Kong, according to Vice Premier He Lifeng. This initiative comes as the city faces scrutiny regarding its future as a financial center.
China"s policymakers, including Vice Premier He Lifeng, reaffirmed their commitment to financial openness at the Global Leaders’ Investment Summit in Hong Kong. They highlighted the strength of the Chinese economy and pledged to enhance market access for foreign investors, particularly in Hong Kong.
Chinese Vice Premier He Lifeng and top financial officials will address the Global Financial Leaders Investment Summit in Hong Kong, focusing on mainland China"s financial developments. The summit, hosted by the Hong Kong Monetary Authority, features prominent global bankers amid a challenging economic landscape, with signs of recovery following recent stimulus measures from Beijing.
Asia-Pacific markets opened higher, buoyed by Wall Street gains and a Tesla rally, as investors await key speeches from Chinese financial officials at a summit in Hong Kong. The Reserve Bank of Australia is set to release minutes from its recent monetary policy meeting, where interest rates were held steady at 4.35%. Meanwhile, U.S. markets showed mixed results, with the Nasdaq rising 0.6% and the Dow Jones slipping 0.1%, amid concerns over the Federal Reserve"s rate cut trajectory.
UK Prime Minister Keir Starmer met with Chinese President Xi Jinping at the G20 summit, advocating for "consistent, durable" relations focused on trade, economy, and climate. This marks the first leader-level meeting since 2018, aiming to revitalize UK-China ties after years of tension. Starmer emphasized the importance of predictable relations and plans for further economic dialogue, while Xi acknowledged the potential for cooperation between the two nations.
He Lifeng
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Chinese premier advocates dialogue with US amid rising trade tensions
United States Dollar
Pfizer Inc.
Boeing Co
FedEx Corp
Qualcomm Inc
USA
CHN
Cristiano Amon
Steve Daines
Raj Subramaniam
Brendan Nelson
He Lifeng
Ma Zhaoxu
Albert Bourla
Li Qiang
Show more
10:48 23.03.2025
us senator daines meets chinese vice premier amid rising tensions
United States Dollar
Procter & Gamble Co
VNM
USA
CHN
Ma Zhaoxu
Li Qiang
Steve Daines
Wang Yibo
He Lifeng
Show more
10:05 22.03.2025
hsbc shifts focus to asia as it scales back western investment banking
United States Dollar
USA
CHN
GBR
Rachel Reeves
Mark Tucker
He Lifeng
Georges Elhedery
Michael Roberts
Show more
01:04 29.01.2025
China to support enterprises listing and issuing bonds in Hong Kong
05:15 19.11.2024
China reaffirms commitment to financial opening at global investment summit
03:38 19.11.2024
China"s financial leaders to address global summit in Hong Kong
United States Dollar
Citigroup Inc.
The Goldman Sachs Group, Inc.
Morgan Stanley
JPMorgan Chase & Co.
CHN
Zhu Hexin
Li Yunze
Wu Qing
He Lifeng
Janet Yellen
Show more
01:00 19.11.2024
asia-pacific markets rise as investors await key chinese financial summit
Chinese Yuan
Indian Rupee
South Korean Won
United States Dollar
Japanese Yen
UBS
The Goldman Sachs Group, Inc.
Tesla, Inc.
JPMorgan Chase & Co.
Raymond James Investment Management
JPN
AUS
KOR
CHN
USA
HKG
IND
Zhu Hexin
Li Yunze
Wu Qing
Jerome Powell
He Lifeng
Show more
00:45 19.11.2024
UK PM Starmer aims for pragmatic ties with China in G20 meeting
Chinese Yuan
British Pound Sterling
Xinhua News Agency
Apple Inc.
GBR
CHN
Rachel Reeves
Keir Starmer
David Lammy
He Lifeng
Xi Jinping
Show more
14:48 18.11.2024
Trending
Subcategory
Industry Trends
Corporate News
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Startups & Entrepreneurship
Government Economic Policies
Workplace Trends
Stock Market Updates
Industry Mergers & Acquisitions
CEO Changes
Fintech Startups
Venture Capital Investments
Finance Mergers & Acquisitions
Energy Sector Developments
Emerging Startups
Financial Scams and Security
Cryptocurrency & Blockchain Regulations
Cryptocurrency Trends
Funding Rounds & Investments
Countries:
Companies:
Apple Inc.
Google Inc.
Tesla, Inc.
Alphabet Inc.
Microsoft Corporation
Foxconn Technology Co., Ltd.
NVIDIA Corporation
Samsung SDI Co., Ltd.
SWIGGY LIMITED
Netflix, Inc.
GEELY AUTO
Amazon.com, Inc.
TENCENT
CarTrade Tech Limited
Delhivery Limited
Ecom Express Ltd.
CapitaLand Investment Ltd
HMC Capital Ltd
Bank of America Corporation
Boeing Co
Currencies:
United States Dollar
Chinese Yuan
Indian Rupee
Euro
Japanese Yen
South Korean Won
Indonesian Rupiah
Algerian Dinar
Australian Dollar
Vietnamese Đồng
Egyptian Pound
Saudi Riyal
Swiss Franc
British Pound Sterling
Russian Ruble
People: