China’s central bank injected liquidity into the financial system via open-market operations for the first time since Feb. 17, ending the longest hiatus since December 2018. It also cut interest rates on the loans. The People’s Bank of China will inject 50 billion yuan ($7.1 billion) into the banking system…
Трамп одним твитом обрушивает рынки – trade war US/China
European stocks tumbled to a one-month low and German bond yields slipped back into negative territory on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets. In a surprise twist on Sunday, Trump said he would hike U.S. tariffs on…
Asia relieved as China data point to recovery
Asian share markets swung higher on Wednesday as a raft of Chinese data easily beat expectations in a sign Beijing’s policy stimulus may finally be gaining traction in the world’s second-largest economy. Investors were hoping for better news from China and were not disappointed with first-quarter economic growth pipping forecast…
US and China edge closer to ‘epic’ trade deal, says Trump
President Donald Trump says the US has found agreement on some of the toughest points in trade talks with China. (www.bbc.com) He said a deal could come in the next four weeks, but added some sticking points remained. The Chinese echoed the optimism, with President Xi Jinping touting substantial progress,…