KYLE BASS: The 10-year period from ’08 to 2018 were the best 10 yearsthat Hong Kong will ever see, will never happen again.The Hong Kong banking system is now almost nine times their GDP.Call it today, it’s 850% of GDP.280% of GDP of the 850 is lent to Chinese property developers into China.They’re the most […]
Tag: Trade War
Impact of U.S.-China trade war felt in both countries
>>Sreenivasan: NEWSHOUR’SSERIES, “CHINA: POWER ANDPROSPERITY,” CONTINUES TONIGHTWITH ONE OF THE MOST CRITICALISSUES RANKLING U.S./CHINARELATIONS: TRADE.THE TWO NATIONS’ DISPUTE HASLARGELY PLAYED OUT AS A TARIFFWAR, BUT THERE ARE UNDERLYINGISSUES AND ARGUMENTS ON BOTHSIDES.SO, IN PARTNERSHIP WITH THEPULITZER CENTER, WE TELL THISSTORY WITH TWO CORRESPONDENTS,NICK SCHIFRIN AND KATRINA YU.THEY BEGIN IN CHINA’S SILICONVALLEY, SHENZHEN.>>Yu: IN SHENZHEN’SSEG-E-MARKET, YOU […]
Dow plunges after Trump tweets about China, Fed
ABHE TRADING DAY. MARKETS WERE INITIALLY SHAKEN B GSP>>IDG WO TA WSAHSAFIOON ITIP S HIASTHMPOI C SM ND INO TH OTH SAWAE R I F’T I TNGET CLLAB OR.HEG AOW TKI D NG. QEN JAIEF B C T ‘S OWANAN SEIKTOCL OELHOAHEN HEGWWHL NADLA A F C IHK TIT SRA F ARNR AR F W […]
China deal could boost Dow 10,000 points: Art Laffer
LATEST 15% TARIFFS ON CHINESE GOODS TOOK FEATHSUNDAY PRESIDENT TRUMP SPOKE ABOUT LATEST NEGOTIATIONS WITH CHINA YESTERDAY AT THE WHITE HOUSE.>>LET ME TELL YOU IF I WANT TO DO NOTHING WITH CHINA, MY STOCK MARKET OUR TO BEING MARKET WOULD BE 10,000 POINTS HIGHER. THAN IT IS RIGHT NOW. BUT SOMEBODY HAD TO DO THIS […]
PBS NewsHour full episode August 28, 2019
JUDY WOODRUFF: Good evening.I’m Judy Woodruff.On the “NewsHour” tonight: Hurricane Dorian.The storm gains strength, hitting the U.S. Virgin Islands, with Puerto Rico getting itsfirst test of emergency preparedness since devastation in 2017.Then: the trade war’s bottom line — from farmers to retailers, how President Trump’seconomic policies are affecting American businesses.Plus: natural remedies — why doctors […]
PBS NewsHour full episode August 28, 2019
JUDY WOODRUFF: Good evening.I’m Judy Woodruff.On the “NewsHour” tonight: Hurricane Dorian.The storm gains strength, hitting the U.S. Virgin Islands, with Puerto Rico getting itsfirst test of emergency preparedness since devastation in 2017.Then: the trade war’s bottom line — from farmers to retailers, how President Trump’seconomic policies are affecting American businesses.Plus: natural remedies — why doctors […]
White House clarifies Trump’s ‘second thoughts’ on China trade war
>> GILLIAN: IT IS DAY 2 OF THE G7 SUMMIT IN FRANCE AND DURING A BILATERAL MEETING WITH THE UK PRESIDENT TRUMP HINTED THAT HE MAY HAVE HAD SECOND THOUGHTS ABOUT ESCALATING THE TRADE WAR WITH CHINA, JUST A SHORT TIME AGO SENIOR WHITE HOUSE POLICY ADVISOR STEVEN MILLER JOINED US ON THIS PROGRAM, OFFERED […]
Trump touts tariffs as trade leverage. But what do U.S. farmers and retailers think?
JUDY WOODRUFF: President Trump and China have ramped up their war over trade, and the presidenthas spent much of his term confronting other countries over trade practices.This weekend, he announced new tariffs and alternated between insult and praise for China’spresident.He also threatened to order American companies to move their operations out of China.To do so, […]
How trade war and Trump’s rhetoric are further unsettling the economy
JUDY WOODRUFF: The trade war between the U.S. and China escalated today, sending the financialmarkets into a tailspin.It all came as President Trump leveled his fiercest criticism yet at the chairman ofthe Federal Reserve.China first announced it is imposing new tariffs on $75 billion worth of American goods.Soon after, the president said he wanted U.S. […]