#AceFinanceDesk ………… China’s aviation industry sank further into the red, losing 34.25 billi on yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal financial impact from the coronavirus pandemic ReutersBiz reports


“In the first quarter the industry, which includes airlines, airports and other aviation companies, lost 38.1 billion yuan, according to data released by the Civil Aviation Administration of China (CAAC) on Friday.” Published: July.10: 2020: https://t.co/jv8GQrPyXU Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live […]

MARKETS: China: The benchmark Shanghai Composite slid into bear market territory on Tuesday, closing more than 20% below its recent high in January. The index fell 0.5% on the day following last plunge of 4% as Donald Trumps tariffs slow their economic growth and hitting their sovereign currency the Yuan #AceFinanceDesk reports


#AceFinanceReport – June.26: Chinese stocks have come under pressure in recent weeks from concerns over an economic slowdown and an emerging trade war with the United States: The trade fears have intensified this week following reports the US government is set to announce restrictions on Chinese investment in American companies, potentially escalating the confrontation between […]

(BEIJING, China) The launch of China’s yuan-denominated oil futures will mark the culmination of a d ecade-long push by the Shanghai Futures Exchange (ShFE) aimed at giving the world’s largest energy c onsumer more power in pricing crude sold to Asia #AceFinanceDesk reports


#AceFinanceReport – Mar.22: #BRICS firmly in place and ‘ China Development Bank ‘ as HQ in Beijing its time to take down the once mighty ‘ Petro-Dollar ‘ by replacing it with the Yuan and this is just the beginning #AceFinanceDesk reports WHAT ARE THE CONCERNS AMONG FOREIGN INVESTORS? * Worries include how to freely […]

FEATURE: As bitcoin hits the skids after reaching heights of 20,000 banks cant control it so rather than let it ride: US & UK banks ban Bitcoin purchases with credit cards due to floating debt, as China is to block a ll websites related to cryptocurrency trading and initial coin offerings (ICOs) – including foreign platforms – in a bid to finally quash the market completely #AceFinanceDesk reports


#AceFinanceReport – Feb.10: It’s happened in the US and now it’s happening in the UK. Lloyds Banking Group, which runs Halifax, Bank of Scotland, MBNA and, of course, Lloyds, has banned its customers from buying bitcoin with their credit cards. “We do not accept credit card transactions involving the purchase of cryptocurrencies,” a Lloyds Banking […]

JUST IN: #BRICS Gear Up: Beijing stops taking #US Debt & Imposes New Regulations on their Banking Institutions after recent Graft & Corruption Cases as China tightens control over currency and markets in readiness for exacting trade in Yuan #AceFinanceDesk reports


#AFNews – 14/01/17: Beijing is showing its teeth with talk of purchasing less U.S. government debt https://t.co/aU2bZ7AdQj via @Breakingviews at Reuters #AceFinanceDesk reports http://pic.twitter.com/DX9g7fG5q1 China to step up banking oversight in ‘arduous‘ fight on financial risks https://t.co/49Q39mZScc http://pic.twitter.com/97BSyl4Kzl— Reuters Business Report January 14, 2018 #AceFinanceNews Editor says #AceNewsDesk reports & #Brittius says are provided by […]

JUST IN: #BRICS China’s top energy importer tests the yuan-backed #oil futures contract trading market with success and now intends to challenge the petrodollar #AceFinanceDesk reports


#AFNews – 14/12/17: As one of the world’s top energy importers, China has successfully completed its fifth dry run in yuan-backed oil futures contract trading #AceFinanceDesk reports China about to knock out petrodollar by trading oil in yuan // RT Business News reports the step has been already called Beijing’s challenge to the US dollar […]

#Beijing #China looking to invest upwards of 4-Trillion #Yuan in 50-Cities installing metro lines to be working by 2020 #AceFinanceDesk reports


#AFNews – 08/09/17: Fifty cities in China to have metro lines, totalling 6,000km by 2020 … Investment will exceed 4 trillion #Yuan #AceFinanceDesk reports https://t.me/acenewsgroup/58291 http://pic.twitter.com/9YBOZLcjIL— China Xinhua News (@XHNews) September 8, 2017 #AceFinanceNews EDITOR: Thanks for following as always appreciate every like, reblog or retweet for all our daily news and minute by minute […]

JUST IN: Venezuela’s Maduro says will shun U.S. dollar in favour of China’s Sovereign currency the Yuan #AceFinanceDesk reports


#AFNews – 08/09/17: Venezuela’s Maduro says will shun U.S. dollar in favour of their Sovereign currency the Yuan #AceNewsDesk reports https://t.co/NLTcsvxuwd http://pic.twitter.com/kZGWml2cm Reuters Top News (@Reuters) September 8, 2017 #AceFinanceNews EDITOR: Thanks for following as always appreciate every like, reblog or retweet for all our daily news and minute by minute 24-hours a day on […]

JUST IN: #Russia & #China sign $10bn investment fund to ease ruble-yuan settlements https://t.co/t2sMpbZVae #AceFinanceDesk – @AceFinanceNews


#AFNews – July.05: Russia & China sign $10-billion investment fund to ease ruble-yuan settlements #AceFinanceDesk reports https://t.co/t2sMpbZVae #AceFinanceNews EDITOR: Thanks for following as always appreciate every like, reblog or retweet for all our daily news and minute by minute 24-hours a day updates visit AceDailyNews here AceChatNews.WordPress.Com and free help and guidance tips on AcePCHelp.WordPress.Com […]

JUST IN: Russia’s VEB inks 6 billion YUAN DEAL with China Development Bank https://t.co/3PIlES8MOu https://t.co/Ei2m5DnA0X #AceFinanceDesk – @AceFinanceNews


#AFNews – 04/07/17: Russia’s VEB inks 6 billion YUAN DEAL with China Development Bank #AceFinanceDesk reports https://t.co/3PIlES8MOu https://t.co/Ei2m5DnA0X #AceFinanceNews EDITOR: Thanks for following as always appreciate every like, reblog or retweet for all our daily news and minute by minute 24-hours a day updates visit AceDailyNews here AceChatNews.WordPress.Com and free help and guidance tips on […]