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Trade War SERIES 718

China's premier says ready to use more policy tools to help economy The Chinese government has additional monetary policy measures that it can take ... Large-scale tax cuts and fee reductions would affect the government, cutting its own flesh, Li said This kind of reform is equivalent to turning one’s blade inward and slitting one’s wrist Promised cuts in value-added tax (VAT) for manufacturing and other sectors will take effect from April 1, while social security fees will be reduced from May 1, Li said Our Standards:The Thomson Reuters Trust Principles
Italy's drive to join China's Belt and Road hits pot holes The ancient Silk Road was a network of trading routes that stretched from China ... But joining the latest incarnation is proving controversial and risky for Rome’s modern-day masters But just as Italy adopts its new position, the rest of Europe seems to be having second thoughts The European Union has grown increasingly frustrated by what it sees as the slowness of China to open its economy and by a surge of Chinese takeovers in critical EU sectors, accusing it of distorting local markets Our Standards:The Thomson Reuters Trust Principles
How Zambia Is Defying The Odds In The Face Of Economic Pressure - A Q&A With Christopher Mvunga An interview with Deputy Secretary to the Cabinet of the Republic of Zambia, Hon. Chistopher Mvunga Britain's Prince Harry, second from left, is flanked by Zambia's President Edgar Lungu during his visit at State House in Lusaka, Monday, Nov. 26, 2018 Many people don’t realize that we enjoyed a 65% uptick in inbound foreign direct investment in 2017, in other words making Zambia one of only two countries in our development category that saw an increase in FDI on the continent last year
Japan's central bank is now less optimistic about the economy The Bank of Japan kept monetary policy steady and warned that external risks could derail the country's economic recovery. Factories across the globe slammed on the brakes last month as demand was hit by the U.S.-China trade war, slowing global growth and political uncertainty in Europe ahead of Britain's departure from the European Union Japan's exports posted their biggest decline in more than two years in January as China-bound shipments tumbled That said, we expect the BOJ to eventually be forced into easing around the middle of next year when world economy faces a downturn
Chinese companies are reporting delays in getting paid by business partners China's slowing economic growth, tighter credit conditions and rising bond defaults are putting pressure on corporate cash flows, according to a survey by French trade insurer Coface. Pressure from the slowing economy and the trade war eventually caused authorities to pause last year in their efforts to pare down total debt, estimated at more than three times the size of China's GDP, in order to try and support overall growth That is the number one financial market reform for China and that's associated to the efficient pricing and allocation of capital
Xi takes twin track approach to China's challenges Beijing acts tough on foreign policy while taking steps to ease economic woes I do not think they will implement the stimulus measures in full, Ding said Trump's unpredictability has caused many headaches for Beijing as its playbook at managing Sino-US relations for the past few decades is no longer a reliable and comforting reference
China prepares to skewer brands in annual consumer day gala China is gearing up to skewer companies it accuses of treating consumers badly i... Names of companies that will be targeted in CCTV’s consumer rights show are not disclosed ahead of the broadcast In fact, to maintain secrecy, people on the show have to sign a non-disclosure agreement, while producers are kept in a hotel and not allowed to go home a couple of months ahead of the screening, according to a former 315 executive Our Standards:The Thomson Reuters Trust Principles
Retail investors, mid-caps stand out in China's stock rally Heartened by signs of an end to a long-running trade war with the United States ... Mutual funds are joining the party too, looking for better returns in stocks The SSEC currently trades at 12.6 times earnings, compared with an earning multiple of roughly 18 for the Dow Jones Industrial Average Our Standards:The Thomson Reuters Trust Principles
Kuroda signals status quo even as BOJ tempers optimism on global... Bank of Japan Governor Haruhiko Kuroda on Friday ruled out the chance of additio... Years of heavy money printing for asset purchases have dried up market liquidity and hurt commercial banks’ profits, stoking concern over the rising risks of prolonged easing And yet, subdued inflation has left the BOJ well behind other major central banks in dialling back crisis-mode policies, leaving it with little ammunition to battle the next recession Our Standards:The Thomson Reuters Trust Principles
'Not how China behaves': Premier denies tech companies spy Chinese Premier Li Keqiang has hit back at accusations that China forces technology companies to spy. Premier Li was responding to a question on whether China’s trade relationship with Europe would improve as China and the US continued a trade war To pay for the value added tax cuts, Mr Li said the government would tighten its belt, like turning the blade of the knife to the government itself
China seeks to calm markets with pledge to keep growth on target Premier Li stresses 'job first' policy as foreign investment law passes The central government will ask designated financial institutions and some enterprises directly under the central government to turn a larger share to the state treasury, Li said He said issues are long-standing and complicated, and cannot be solved overnight