Shares of Chinese companies listed in the United States fell in early trading on Friday as reports that Washington was looking to expand the number of troops helping train Taiwanese forces added to rising Sino-U.S. tensions.Heavyweights Alibaba, JD.com, Baidu tumbled between 2.9 per cent and 3.9 per cent.
Shares of Chinese companies listed in the United States fell in early trading on Friday as reports that Washington was looking to expand the number of troops helping train Taiwanese forces added to rising Sino-U.S. tensions.
One U.S. official, speaking on condition of anonymity, said the exact number of increased troops was unclear, but the move was unrelated to recent tensions over the shooting down of a Chinese spy balloon which flew across the United States. Relations between the world's two largest economies worsened this month over the shooting down of the Chinese spy balloon, weighing on China ADRs after a sharp rally starting late last year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China says US refused to share information on downed Chinese balloonThe episode strained further ties between Washington and Beijing. Read more at straitstimes.com.
Read more »
China, Asean to intensify negotiations on South China Sea codeJAKARTA — Negotiations on a code of conduct (COC) for the South China Sea will be intensified this year, Indonesian and Chinese officials said on Wednesday (Feb 22), as the region frets over China's assertiveness in the strategic waterway. Indonesia's Foreign Minister Retno Marsudi met with Chinese counterpart Qin Gang in Jakarta, ahead of a round of negotiations on the...
Read more »
Macau casino stocks, bonds on a roll as Chinese visitors returnHONG KONG : Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world's biggest gambling hub, lifting stocks and bonds of casino operators as investors bet on a boom in their revenues.Hong Kong-listed shares of MGM China, Sands China and Melco Internati
Read more »
Macao casino stocks, bonds on a roll as Chinese visitors returnHONG KONG: Chinese tourists are returning to Macao in hordes after Beijing lifted its restrictions on travel to the world's biggest gambling hub, lifting stocks and bonds of casino operators as investors bet on a boom in their revenues. Hong Kong-listed shares of MGM China, Sands China and Melco Inter
Read more »
Exclusive-State-backed Chinese fund buys stake in energy trader MercuriaLONDON : A subsidiary of China's CNIC Corp has bought a minority stake in Swiss-based global energy trader Mercuria, sources familiar with the matter said. China has hired dozens of traders from global firms to work for its state commodities companies as it expanded in sectors ranging from oil to metals a
Read more »
Russia says Lavrov and Wang Yi did not discuss 'Chinese peace plan'Russian Foreign Minister Sergei Lavrov and China's top diplomat Wang Yi did not discuss a reported Chinese plan to resolve the
Read more »