It’s still two weeks away, but it seems like it’s tomorrow in terms of the significance of the G20 meeting coming up at the end of the month and the possible meeting between Trump and Xi that may result in a possible truce or not in the trade war. It’s a risk to place a […]
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The US and China continued to fence ahead of the G-20 meeting which may or may not include a face-to-face by Xi and Trump. But Those in Command are pulling out lots of stops to stimulate the market and smother negative sentiment. No doubt with short-term speculative motives dominating, the Shanghai stock market and the […]
This has been a weird week in global markets, but even weirder thanks to massive intervention by Those in Command. The Shanghai market, after who knows how much spending by the national team and its proxies, ended the week only up a smidgen, in spite of a massive rise on Monday which was almost all […]
The bad news just kept on coming for Those in Command this week. The Shanghai stock market and the RMB rate – the most immediate and transparent of the measures we have available to us for gauging the state of China’s economy – both fell. There was a lot of talk of “changes in the […]
China’s leaders are doing their best to send out warm fuzzy vibes to counter the growing chill, offering to cut import tariffs and denying strenuously that there was ever such a thing as a forced technology transfer policy for foreign firms. Premier Li Keqiang, speaking at the Tianjin alter-Davos, offered a package of friendly policies […]