Chinese officials and state media outlets have savaged the Trump administration’s response to violent protests raging across the US, describing the president as a hypocrite after he supported Hong …
Asia Markets Rally On Virus Hopes, Trump’s Hong Kong Action
Hong Kong led an Asia-wide market rally Monday as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of virus lockdowns …
Tariffs not top concern if Hong Kong’s favored trade status with U.S. is revoked, says ex-Trump negotiator
President Donald Trump said he would begin to revoke Hong Kong’s favored trade status with the United States, after China approved a proposal for a controversial new security law.
Hong Kong Leads Global Markets Higher
Hong Kong’s benchmark stock index led international markets higher, signaling investors’ relief that President Trump has refrained so far from definitive steps targeting the city or mainland China.
ASX firmly higher, Hong Kong and China markets rally
After falling at the open, the S&P/ASX200 is up 0.9 per cent in early afternoon. Materials, healthcare, and financials are all higher.
Japan says Hong Kong situation deeply concerning
The situation in Hong Kong is deeply concerning and stability is important, Japan’s top government spokesman said on Monday regarding China’s decision to impose a new security law on Hong Kong. The …
‘Mr President, don’t go hide’: China goads US over George Floyd protests
Officials and state media appear to revel in scenes of US unrest, comparing protests there to Hong Kong’s pro-democracy movement …
China is seeing a slow recovery, with the service sector unlikely to rebound soon: Commerzbank
Hao Zhou of Commerzbank discusses China’s economic recovery and the latest manufacturing PMI data. He says that service sectors such as catering, hotel and airlines may take a long time to recover. He …
Escalating China tensions could become an obstacle for U.S. stock rally
U.S. President Donald Trump’s directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in the headlines over the coming months, …
China’s Barely Begun Economic Recovery Shows Signs of Stalling
More and more Chinese factories have reopened for work in the past three months as authorities have eased their once-aggressive coronavirus measures. But now they are facing the dire reality of …