By: Fred Imbert
Stocks dipped on Tuesday as a looming U.S.-China trade deadline dampened investor sentiment. » Read More |
By: Huileng Tan
Pork prices in China surged in November, pushing the country's consumer price inflation to its highest level in eight years, official government data showed on Tuesday. » Read More |
By: Arjun Kharpal
The Switch could become the biggest console in China in the next few years, analysts told CNBC, but it faces challenges in a market that loves free-to-play mobile games. » Read More |
China's Communist Party has ordered state offices to remove foreign hardware and software within three years, the Financial Times reports.
Carrie Lam's approval has plunged. Hong Kong's economy is expected to contract. And there's no sign the protests will end any time soon.
The report comes as experts warn about the potential risks of such surveillance technology, including potential access to data by the Chinese government.
Global growth will recover in the second half of 2020 as the trade war between Washington and Beijing eases and central banks' monetary policies come into effect says UBS Global Wealth Management.
China's commerce spokesman said that the delegations remain in communication, but disclosed few additional details about the negotiations.
The Hong Kong government on Wednesday evening announced an additional 4 billion Hong Kong dollars ($511 million) in economic stimulus.
Last month, the FCC banned the use of a government fund to buy equipment and services from companies that pose a national security threat.
Hedge fund manager Kyle Bass told CNBC that he supports an effort by a U.S. lawmaker to end China's candidacy for select World Bank loans.
Average returns of around 6% are projected for U.S. as well as Asian equities in 2020, says Credit Suisse chief investment officer Ray Farris.
Beijing branded itself as a "near-Arctic state" and its far-stretched claim on the area is highly dependent on its partnership with Russia.
"They don't think it's appropriate for a Hong Kong guy to speak on behalf of a Chinese bank," Law Ka-chung told the Financial Times.
Clinching the trade deal with Beijing could help Trump "deflect attention away" from domestic political problems, Yale's Stephen Roach says.
Retail sales fell 24.3% from a year ago, according to government data. The city's government said that slump is the worst on record.
Caixin and IHS Markit said in a joint press release that the pace of improvement was the strongest since December 2016.
Hong Kong's edge over China lies in its openness to foreign investors and "strong rule of law," says Mark Austen of the Asia Securities Industry and Financial Markets Association.
President Donald Trump signed into law the Hong Kong Human Rights and Democracy Act of 2019, meant to protect the city's autonomy from China.
Data also provided by 
