The currency rules as described by the governor of China’s central bank are practically identical to what Beijing promised in 2016.
Tag: Economic Conditions and Trends
Chinese Entrepreneur Takes On the System, and Drops Out of Sight
A dogged investor, missing files, an internet crusader, a disgraced judge — this scandal has drama galore. It’s about business frustration under President Xi Jinping.
Venezuela Blackout, in 2nd Day, Threatens Food Supplies and Patient Lives
Venezuelan officials blamed the opposition and the United States for the outage, but provided no evidence. At a hospital with a backup generator, one man said, “A lot of us are going to die here.”
U.N. Rights Chief, Denouncing ‘Gross Inequalities,’ Jabs at China and Israel
Michelle Bachelet cited Beijing’s treatment of ethnic Uighurs and the blockade of Gaza as examples of harsh injustice across the world.
A High-Level Resignation in Iran Is Seen as Sign of Hard-Liners’ Strength
Foreign Minister Mohammad Javad Zarif, a relative moderate in Iran’s clerical leadership, remains in his post. But he is frustrated.
Erdogan Tries to Ease the Pain of Turkey’s Bad Economy. It’s Still Hurting.
The president is trying to keep prices down in an effort to maintain support before municipal elections vital to his party’s hold on power.
Failed Hanoi Meeting Has U.S. Allies in Region Asking: What’s Next?
After the breakdown of talks between President Trump and Kim Jong-un, Japan and South Korea are trying to figure out the consequences.
After Unpredictable Trump Meeting, Kim Returns to Scripted Form in Vietnam
After the talks abruptly ended, Kim Jong-un was feted by Vietnam with Communist comradeship, martial music and parading soldiers.
China Shifts, and Detroit’s Big Bet Goes Sour
Chrysler, Ford and General Motors saw a booming Chinese driving culture and cheap labor. Now the market is slowing, competition is rising and the Trump administration wants limits.
2019 Is a Sensitive Year for China. Xi Is Nervous.
President Trump wants big changes from China. But China’s leader is seeking security in a year that includes the 30th anniversary of the Tiananmen bloodshed.