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Market Talk – August 3, 2020

ASIA: China said on Monday it was firmly opposed to any US actions against Chinese software companies, responding to remarks by US Secretary of State Mike Pompeo that Washington will take action shortly against Chinese firms feeding data to Beijing’s government. Chinese foreign ministry spokesman Wang Wenbin told reporters during a daily briefing that China […]

Market Talk – July 29, 2020

ASIA: China on Wednesday expressed its strong dissatisfaction and firm opposition to smears against China on a series of issues by the US and Australia, and has lodged solemn representations with them, Wang Wenbin, a spokesperson for Chinese Foreign Ministry said at a press briefing. Wang’s remarks came after the US Secretary of State Mike […]

Market Talk – July 28, 2020

ASIA: China has said Hong Kong will suspend extradition treaties with Britain, Canada, and Australia after they took similar steps over the territory’s controversial new security law. The Foreign Ministry spokesman accused the countries of “gross interference in China’s internal affairs.” Earlier this month, US lawmakers approved sanctions in response to the law, targeting banks […]

Market Talk – July 16, 2020

ASIA: China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to bolster the recovery after the shock of the coronavirus crisis. Gross domestic product (GDP) rose 3.2% in the second quarter from […]

Market Talk – July 8, 2020

ASIA: The US has announced new visa bans on senior Chinese officials involved in restricting access to foreigners to the sensitive region of Tibet and reaffirmed its support for “meaningful autonomy” for Tibetans. In retaliation, China has announced that I will impose visa restrictions on US personnel who exhibit egregious behavior toward Tibet, said Chinese […]

Market Talk – July 6, 2020

ASIA: China has warned the UK not to interfere with Hong Kong following Beijing’s imposition of a sweeping new national security law. Ambassador Liu Xiaoming said the UK’s offer of a path to citizenship for up to three million Hong Kongers amounted to “gross interference.” British Foreign Secretary Dominic Raab rejected the accusation. Earlier, a […]

Market Talk – July 2, 2020

ASIA: The US Senate has approved a final version of legislation that would punish China for moves that lawmakers fear will crush democratic freedoms in Hong Kong. The move by lawmakers comes as China has passed a controversial national security law for Hong Kong that lends Beijing sweeping new powers over the semi-autonomous city. The […]

Market Talk – June 29, 2020

ASIA: A new strain of flu that has the potential to become a pandemic has been identified in China by scientists. It emerged recently and is carried by pigs, but can infect humans, they say. The researchers are concerned that it could mutate further so that it can spread easily from person to person, and […]

Market Talk – June 18, 2020

ASIA: China’s Oppo canceled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to boycott Chinese goods. The clashes risk souring sentiment for big Chinese investors who were eyeing the Indian market and already faced […]

Market Talk – June 12, 2020

ASIA: Twitter has removed more than 170,000 accounts from its platform after the social media site found state-linked influence campaigns from China focusing on Hong Kong protests, Covid-19, and the US protests in relation to George Floyd. The company announced on Thursday that 23,750 core accounts, and 150,000 “amplifier” accounts that boosted the content posted […]