REBOOT
Author: Timothy Ang
The CSI 300 index of blue-chip stocks in Shanghai and Shenzhen jumped 5.9% on Monday – the tracker’s biggest one-day gain in over three years – after the US President tweeted that he would hold-off from raising tariffs on $200 billion of Chinese imports on March 1. Mainland stocks are now in bull market territory […]
The head of the UK’s GCHQ intelligence service, Jeremy Fleming, believes that the growing involvement of Chinese tech firms in Western economies poses a “hugely complex technological challenge,” that runs much deeper than Huawei, according to the Independent. “We have to understand the opportunities and threats from China’s technological offer. Understand the global nature of […]
According to the China Banking and Insurance Regulatory Commission, China has hit its years-long structural deleveraging campaign goals but the country still has to continue efforts in reducing risks caused by excessive leverage in the system, reports Caixin. China’s macro-leverage ratio, or the ratio of total debt to gross domestic product, has stabilized since last year, […]
Washington will continue to seek structural reforms in trade talks with China on issues such as intellectual property rights and technology transfers, said US Agriculture Secretary Sonny Perdue, regardless of Beijing’s offer to buy 10 million more tonnes of US soybeans. “Still, the structural core issues of intellectual property transfer have to be dealt with,” […]