Search ResultsShowing 1 - 10 of 100+ results for "Beijing"
Chief economist update: Foolish takeaway on US-China talks
BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... reports: "Chinese Vice Premier Liu He agreed to a visit in "early October" during a telephone call on Thursday morning Beijing time with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, according to a statement ...
Chief economist update: This land is ours
BENJAMIN ONG  |  MONDAY, 2 SEP 2019
... economy contracting at an annual rate of around 2.0%." Problem is Hong Kong is no longer an economic heavyweight as far as Beijing is concerned - according to vox.com, it now contributes only 3% to China's economy versus around 27% in the 1990s. ...
Chief economist update: Bonds do the limbo rock
BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... fed funds rate by 25 bps to 2.25% at its July FOMC meeting - compounded by Trump's escalation trade tensions with Beijing and the depreciation of the Chinese yuan, raised market anxiety that the current global slowdown would morph into a recession. ...
Chief economist update: RBA heading to zero
BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
Trump's latest tat (branding Beijing a currency manipulator) for China's tit (allowing the yuan to fall below the psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia ...
Chief economist update: Look out below
BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... all this time for China to allow market forces to restore equilibrium in its economy. Note that, the powers that be in Beijing have controlled the currency's exchange rate for fear of being officially branded by America as a "currency manipulator" ...
Chief economist update: Australia needs a cheaper A$
BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... growth. More so, given the slowing Chinese economy - our biggest export client - and the downward pressure exerted on it by Beijing's on-going trade war with Washington. Much will depend on the Fed - and its bias/action on the fed funds rate. The ...
Chief economist update: Iron ore on the up and up
BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... buys more than 65% of total imports) to thank for this, and perhaps US President Donald Trump and his war on trade with Beijing. There's no denying Washington's increased tariffs on imports from China has had deleterious effects on the Chinese ...
Chief economist update: BOE going the wrong way?
BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... America's southern neighbour. But POTUS being Trump, he's exploited this "win" to issue fresh tariff threats versus Beijing (and indirectly to all other countries that trades with America). Trump might get what he wants from the Fed too. For ...
Chief economist update: US recession in the offing
BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... given Trump's latest bombshell comes in the midst of its escalating trade war with China. According to Bloomberg, Beijing has readied plans to restrict rare earth exports to America with Reuters reporting: "China's Commerce Ministry ... will ...
Chief economist update: It'll hurt me more than it hurts you
BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... (Tariff War One) had Trump holding all the aces - US economic growth momentum while China slows - this now is reversing in Beijing's favour. No use re-inventing the wheel, here's Factset's news stories on latest US stats: "May IHS Markit ...
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