John Ruwitch

China stands by Hong Kong leader after days of street protests

17 Jun 2019

HONG KONG China redoubled its support for Hong Kong leader Carrie Lam on Monday after days of protests against a planned extradition bill, and a source close to Lam said Beijing was unlikely to let her go even if she tried to resign. | Video

Bowing to pressure, Hong Kong leader suspends extradition bill

15 Jun 2019

HONG KONG Hong Kong leader Carrie Lam on Saturday indefinitely delayed a proposed law that would have allowed extraditions to mainland China, in a dramatic retreat after anger over the bill triggered the city's biggest and most violent street protests in decades. | Video

China to stabilise yuan with Hong Kong bill issue

11 Jun 2019

SHANGHAI China's central bank will sell yuan-denominated bills in Hong Kong in late June, in a move some market analysts believe is aimed at preventing the yuan currency from declining further.

Chinese financial news site closed for 'rectification'

11 Jun 2019

SHANGHAI A popular Chinese financial news site, wallstreetcn.com, said it has been shut down to undergo "rectification" amid a wider crackdown by the Chinese authorities on websites and news providers.

Defying trade war odds, some Chinese equity funds show how to rake it in

04 Jun 2019

SHANGHAI As the Sino-U.S. trade war roiled stock markets over the past year, China-focused fund manager Michelle Leung sat unfazed on her holdings of hot pot condiment maker Yihai International.

China central bank may open taps with cash shortfall looming

31 May 2019

SHANGHAI China's central bank splashed more cash into the banking system this week than at any time in the past four months, but fresh signs of economic weakness and a worsening trade war may raise the chance it will deploy bolder stimulus.

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

24 May 2019

SHANGHAI As China's yuan slips to historically weak levels against the dollar, the central bank's atypical light touch is spurring speculation that policymakers want to be more judicious in their intervention and have no specific target for the currency.

Rare earth firms' stocks soar on U.S.-China trade war speculation

22 May 2019

SHANGHAI Shares in rare earth-related companies soared on Tuesday, led by jumps in Chinese producers a day after Chinese President Xi Jinping visited a rare earth firm in southern China, sparking speculation the sector could be the next front in the Sino-U.S. trade war.

China's farm stocks defy Sino-U.S. trade rout on local demand expectations

20 May 2019

SHANGHAI The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform.

World News