(Bloomberg) — A rally in emerging-market currencies paused last week, even as the dollar held close to its lowest level in two years, as intensifying U.S.-China tensions outweighed positive … ( read original story …)
FINANCE
US-China relations: is Azar’s visit to Taiwan a sign of Washington’s disregard for Beijing?
The upcoming visit of a senior US official to Taiwan is evidence of the healthy relationship between the two sides and indicative of Washington’s dwindling concern about upsetting Beijing, observers … ( read original story…
EM Review: Return of U.S.-China Tensions Put Brakes on Rally
according to Finance Minister Richard MartinezMartinez said the country reached an agreement with China to reschedule debt paymentsBrazil’s central bank said it may consider another small cut to … ( read original story …)
Will Asian economic integration finally take root under China’s infrastructure bank AIIB?
Calls for regional economic integration in Asia are not new but Xi Jinping’s latest push for AIIB to take the lead may be falling on more fertile ground, given US withdrawals from global institutions ……
Steer China inside the lanes of the global system
Like the China-fueled mini-resources boom following the 2008 global financial crisis, China is again helping to cushion Australia’s economy through the coronavirus crisis. Beijing’s giant COVID-19 … ( read original story …)
Beijing’s top HK office says U.S. sanctions are “clowning actions” and “ridiculous”
Beijing’s top representative office in Hong Kong said on Saturday it strongly condemns sanctions imposed by Washington that targeted the bureau’s most senior official in the city, in addition to other … ( read original…
Are Canada’s local politicians a target for Beijing’s global PR machine?
Security experts say Beijing is looking for ways big and small to change the global narrative about the regime. Experts say Canadian officials at all … ( read original story …)
Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says
Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a … ( read original…
WeChat ban could cost companies like Walmart, Starbucks, and Nike big in China
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to … ( read…
Billionaire Businesswoman Tops Ranking Of China’s Richest In Healthcare
China’s drug, medical equipment and medical device stocks have been on a tear this year, as the COVID-19 pandemic increases sales and raises global attention on the country’s leading suppliers. ( read original story …)
Markets could be challenged by Washington stimulus talks and China tensions
The debate over the next round of stimulus and rising tensions between the White House and China could create headwinds for the market. ( read original story …)
Beijing doesn’t want to “poison the business climate in China”, says expert
With President Trump’s executive order banning of popular Chinese apps TikTok and WeChat on the horizon, investors and regulators arewill mean for American companies and U.S-China relations, Paul … ( read original story …)
Tech stocks will still be ‘the winner’ in near future despite rising US-China tensions, Nasdaq rally, Deutsche Bank says
When the Nasdaq neared an all-time high Huynh began to be “a bit more cautious” about technology, but he still said that in the near future tech stocks will be the winner. ( read original…
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