China Has Seen Enough Yuan Strength, Apparently
Beijing has apparently seen enough yuan appreciation for the time being. Just hours after Guan Tao, a former forex regulatorContinue Reading
Category: China
Boeing Lands In Xi’s Crosshairs As Taiwan Spat Nears Boiling Point
On a day when ominous headlines around new COVID-19 restrictions in Europe were front and center for market participants, BeijingContinue Reading
China’s Economy Grew Less Than Expected In Q3, But September Activity Data May Carry The Day
“Unscathed” isn’t the right word. Neither is “resilient.” Rather than cycle through my mental Rolodex for better options, I’ll stickContinue Reading
A World Of Problems
Global risk sentiment deteriorated markedly on Thursday as virus fears, waning odds of a pre-election US stimulus deal, Brexit brinksmanship,Continue Reading
Overall, Pretty Strong
The nice thing about self-imposed deadlines is that you can always extend them, which is apparently what Boris Johnson mayContinue Reading
Exercising Control
Investors come into the new week with scarcely more clarity on another round of US fiscal stimulus than they hadContinue Reading
US May Target Tencent, Ant Group With Potential To Disrupt World’s Largest IPO
In a move perhaps designed to cast a pall over what could be the world’s largest IPO, the Trump administrationContinue Reading
China PMIs Beat, Ostensibly Bolstering Recovery Case
China’s economic recovery remained largely on track in September, PMI data out Wednesday suggested. The official manufacturing gauge printed 51.5Continue Reading
Trump Administration Sanctions China’s Top Chipmaker In Possible ‘Tipping Point’
Earlier this month, shares of Semiconductor Manufacturing International, China’s top chipmaker, plunged on reports the Trump administration may blacklist theContinue Reading
‘Gangster Extortion’: China Mounts Media Blitz Against Trump’s TikTok Deal
“What the United States has done to TikTok is almost the same as a gangster forcing an unreasonable and unfair businessContinue Reading
Analyst Warns Of ‘Fort Sumter Moment’ After Trump’s Friday TikTok, WeChat Ambush
Some analysts are already warning that the Commerce department’s Friday morning broadside against WeChat and TikTok could trigger retaliatory actionContinue Reading
Trump Bans WeChat From US, Freezes TikTok Updates In App Stores Starting Monday
Wilbur Ross’s Commerce department on Friday imposed sweeping new rules on TikTok and WeChat in a bid to bolster DonaldContinue Reading
China Beats Across The Board With August Activity Data. Yuan Strongest Since Huawei Ban
China on Tuesday reported activity data for August that beat expectations, helping to cement the narrative that the world’s secondContinue Reading
Oracle Said To Win TikTok Bidding War As Microsoft Rejected, Algo In Question
Just 48 hours after reports indicated that Beijing would prefer ByteDance simply shut down TikTok in the US rather thanContinue Reading
Xi Jinping Loses Patience. Said To Prefer TikTok Shut Down In US
Xi Jinping is (still) not amused with the prospect of TikTok’s US operations being forcibly sold to an American companyContinue Reading