Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
Roaring Trump Economy Benefits ‘Blue Collar’ Worker the Most Monday, White House economic adviser Larry Kudlow says American blue-collar workers are the ones most benefiting from President Donald Trump’s robust economic growth. “We’re running solidly. You know who the biggest beneficiaries are? Blue-collar workers. Take a look at the numbers,” the veteran financial guru and […]
President Trump’s China Trade Tweet Drives the Market North $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rose for a 3rd day running Thursday after President Trump said trade talks with China were “moving along nicely” boosted investors optimism. President Trump Tweeted that he had a “long and very good conversation” with China’s President Xi, adding […]
President’s Trump, Xi Talk, Align, Trade Outlook Positive US President Donald Trump and Chinese President Xi Jinping both expressed optimism Thursday about resolving their trade disputes ahead of a meeting planned at the end of November in Argentina. President Trump said in a Tweet that trade discussions with China were “moving along nicely” and that he planned […]
Next China Tariff Impositions ‘Not set in stone’ Stock Market Response is Positive Wednesday afternoon the White House economic adviser, Larry Kudlow downplayed main stream media reports President Donald Trump may implement more tariffs on China as the 2 nations’ trade depute escalates in the financial press. “Nothing is set in stone right now,” the veteran […]
More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November $DIA, $SPY, $QQQ, $RUTX, $VXX The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade dispute. The […]
Presidents Trump and Xi Set to Meet at G-20 in Argentina on Trade Issues US President Donald Trump and Chinese President Xi Jinping will meet at the Group of 20 nations Summit in Buenos Aires, Argentina to discuss the trade dispute between the two countries in late November. White House economic advisor, Larry Kudlow, told […]
China Has Not Responded Positively to US on Trade Beijing’s trade practices make them an unreliable negotiating partner. White House economic adviser Larry Kudlow hammered China’s lack of cooperation in the US attempt to forge a trade deal. “They are unfair traders. They are illegal traders. They have stolen our intellectual property,” Mr. Kudlow said […]
Presidents Trump and Xi to Meet Again at G-20, Trade is the Issue US President Donald Trump and Chinese President Xi Jinping plan to meet at the G-20 summit in Argentina in late November. On the US side, the meeting is being pushed by Treasury Secretary Stephen Mnuchin and National Economic Council Director Larry Kudlow. […]
President Trump Is Not Satisfied With China Trade Talks White House economic adviser Larry Kudlow said President Donald Trump is not satisfied with the progress of trade talks with China. “Nothing is imminent on China. I think there are discussions going on. No, I wouldn’t say it was imminent,” Mr Kudlow said in a TV […]
China Disappears A-List Actress Fan Bingbing Fan Bingbing, 36 anni, an A-list Chinese movie star who has appeared in the “X-Men” and “Iron Man” film franchises, has more than 62-M followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared. The star dropped out of sight in June when […]
Huge Tariffs on Chinese Goods Ready Now US President Donald Trump has raised the stakes on the proposition that the world will line up behind the US to take on China over trade. President Trump said Friday that he is willing to slap tariffs on an additional $267-B in Chinese goods, on top of duties […]
US Trade Dust-up Causes Rift in Chinese Leadership A growing trade dispute with the US is reported to be causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the US position. President Xi Jinping still has a firm grip on power, but an unusual surge […]
Heavy US Tariffs On Chinese Goods Has Beijing and US in Private Conversations The Trump Administration will propose raising to 25% its planned 10% tariffs on $200-B in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table. The US imposed 25% tariffs on $34-B of Chinese products in early July, and […]
President Trump Left the G7 in Turmoil President Trump disavowed the G7’s joint statement with a Tweet He also criticized Prime Minister Justin Trudeau as weak and dishonest. Saturday, US President Donald Trump left the G7 nations in turmoil, just as, China’s Xi Jinping and Russia’s Vladimir Putin were coming together on the other side […]
US Made No Concessions to NKorea Tuesday, US Vice President Mike Pence said no concessions have been given or offered to NKorea in the run-up to a June Summit between the President Trump and President Kim Jong Un. VP Pence said in a radio interview that the US remains open to the Smmit between Presidents Trump […]
As Trade Talks With China Open, President Trump Praises President Xi Thursday, US President Donald Trump praised his relationship with Chinese President Xi Jinping as officials from the world’s 2 largest economies began trade talks in Beijing. A deal to fundamentally change China’s economic policies is viewed possible during the 2 days of talks, though […]
US Treasury Secretary Mnuchin to Travel to China for Trade Talks Next Week Treasury Secretary Steven Mnuchin will head to China next week to settle any trade disputes after The Trump Administration levied steep tariffs on China over its steel and aluminum exports to the US. “I think we’ve got a very good chance of […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
President Trump Posts ‘Big Win’, Xi Aligns $SPY Tuesday, Chinese President Xi Jinping promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen deescalating trade dispute with the United States. Xi’s comments sent global stock markets higher on hopes that a trade war is averted. Xi […]
Xi’s Comments on ‘Opening Up’ China Driving Broad Rally $DIA, $SPY, $QQQ, $VXX Wall Street’s major stock indexes hit session highs Tuesday as investors concerns about rising US-China trade tension receded after Chinese President Xi Jinping promised to cut import tariffs. Fully 10 of the 11 major S&P sectors were higher, with the energy index […]
Xi Speaks, Stock Bulls Listen: Risk is On Globally $DIA, $SPY, $QQQ A new era in the Age of Prosperity is seen Appetite for risk on is strong Tuesday morning, as Chinese President Xi Jinping offered plans to further open up the 2nd largest economy. Xi’s public speech at the Boao Forum came days after […]
Stocks are down across Europe and in pre-market trading on Wall Street after China announced retaliatory tariffs on American imports. Before the opening bell, the S&P is down 1.7 percent, with the Dow and the Nasdaq over 2 percent lower. A loss of each percent in American indices means losing billions of dollars in value […]
Beijing will hit 106 American products, including soybean, automobile, and chemicals, with a 25-percent tariff in response to US levies on Chinese goods, Bloomberg reports, citing a CCTV report of the State Council decision. The move comes after Washington slapped nearly 1,300 Chinese goods with 25-percent tariffs. According to the White House, the measure is […]
China’s President Xi’s New Year Speech Heralds ‘Golden Age’ for China The New Year’s speech given by Chinese President Xi Jinping Sunday promises a Golden Age for China and shows a global vision to brush aside challenges hindering prosperity for humanity. Bangladeshi Commerce Minister Tofail Ahmed said that President Xi once again made a historic speech, saying […]
China Sending Special Envoy to NKorea China sending special envoy to NKorea, state media said Wednesday, after US President Donald Trump concluded an Asian tour to rally support against Pyongyang’s nuclear threats. President Xi Jinping’s special envoy, Song Tao, is going to NKorea Friday to discuss the Chinese Communist Party’s congress, which took place last […]
The Donald Trump-Xi Jinping Engagement Will Benefit All Parties $BA, $F, $SOYB The lucrative deals are predictable results, as the 2 nations engage in cooperation. The high-profile engagement between Chinese President Xi Jinping and his US counterpart Donald Trump last Thursday has captured the spotlight globally. Experts said their meeting has borne remarkable fruit, and […]
Chinese, US Companies Sign $250-B+ in Business Deals $BA, $F, $LNG, $SOYB Chinese and US companies signed deals worth more than $250-B during President Donald Trump’s state visit to China. Thursday, Chinese President Xi Jinping revealed the figure after he and President Trump witnessed the signing of the agreements. China and the United States have […]
Trump’s Granddaughter Arabella Enchants China With Mandarin Song This is Terrific, Good on Ivanka, Jared and Arabella! President Donald Trump’s granddaughter Arabella Kushner sings in Mandarin. (CGTN/YouTube) President Trump showed Chinese President Xi Jinping a video of his granddaughter in a Chinese-style dress singing a song in Mandarin and reciting a poem, which she dedicated […]
US-China Tie-up at “New Historic Starting Point” Chinese President Xi Jinping said Thursday the Sino-US relations are “at a new historic starting point.” “China is willing to work together with the United States to respect each other, stick to mutual benefit and reciprocity, focus on cooperation, and manage and control differences,” President Xi said during […]
President Donald Trump Starts Official State Visit to China US President Donald Trump arrived in Beijing Wednesday afternoon, starting his state visit to China. The 3-day trip is Trump’s 1st visit to the country since he assumed the Presidency on 20 January. He is the 1st head of state to visit China since the landmark […]
China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth Wednesday, Chinese President Xi Jinping, 64 anni, laid out his vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution. Opening the Communist Party congress, Xi pledged […]
President Trump Challenges China and Globalization BESA Center Perspectives Paper No. 588, September 15, 2017 EXECUTIVE SUMMARY: US President Donald Trump’s decision to abandon the Trans-Pacific Partnership (TPP) marks a fundamental change from Barack Obama’s priorities. It could also create a policy vacuum in Asia, as the US is no longer the driving force behind regional […]
China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]
China Is Steadfast in the Denuclearizing of NKorea Chinese President Xi Jinping told US President Donald Trump, in a telephone conversation late Wednesday that Beijing remains persistent on the denuclearization of the Korean Peninsula. During the phone conversation,President Xi and President Trump exchanged their views on the current situation on the KPeninsula. Xi said China has been […]
Xi Sailing BRICS’ Ship on Epic Voyage $GS, $CNY, $LNGVY, $BABA In stormy waters it is common for fishermen in Southeast China to set out to sea in groups. Each boat has its own Captain, but they will discuss fishing strategies when they return from a voyage. Over cans of beer, they argue but soon […]
China’s Money/Hollywood Tie-up, is it Over? $VIA, $AMC, $BABA Billions of USDs have been thrown into question as Chinese regulators crack down on overseas investments, Paramount’s, a unit of Viacon (NYSE:VIA), backer skips a payment, and both President Trump and some Democrats have taken a protectionist stance. For almost 5 years, Hollywood has been bolstered […]
Xi Jinping Arrives in Hong Kong Chinese President, Xi Jinping, arrived in Hong Kong this morning to celebrate the 20th anniversary of the city’s return to Chinese rule, while several prominent pro-democracy activists remained in custody after being arrested the previous day. Xi arrived in the former British territory just before noon local time, according […]
Russian, Chinese Leaders Meet, Boast Their Close Ties Russia’s President Vladimir Putin and Chinese President Xi Jinping hailed close ties between the 2 nations during their meeting Thursday on the sidelines of a Summit of an alliance dominated by Moscow and Beijing. The leaders are attending a 2-day Summit of the Shanghai Cooperation Organization, or […]
Peaceful Resolution of North Korea Tension Seen Chinese President Xi Jinping called for a peaceful resolution of rising tension on the Korean Peninsula in a telephone conversation with US President Donald Trump Wednesday. President Trump’s call with President Xi, just days after they met in the United States, came as a state-run Chinese newspaper warned […]
President Trump, “Want to make a great trade deal?, Solve the North Korea Problem.” US President Donald Trump said in an interview Wednesday that he told Chinese President Xi Jinping the US would be willing to be more lenient in a trade deal if his country helped out with its ally North Korea. “I told […]