China
Counting the Ways That Trump Is Wrong About Trade: Paula Dwyer
©2016 Bloomberg View O4HQOI6JTSF2 (Bloomberg View) — Just about everything Donald Trump says about trade is wrong, but his use of trade-deficit numbers is especially so. To understand why, consider his attacks on Apple, which he accuses of destroying American jobs by making devices in China. QuickTakeFree Trade Feud The
Emerging Stocks Extend Rally as Currencies Advance Amid Inflows
©2016 Bloomberg News O3G3RJ6S9729 (Bloomberg) — Emerging-market stocks rose for a fifth day in this year’s longest rally, and inflows boosted currencies after U.S. data beat estimates and on optimism that China is working to regain investors’ confidence. Health care and technology shares led gains in the MSCI Emerging Markets
China Ramps Up Rhetoric, Plans New Steps to Juice Up Economy
©2016 Bloomberg News O2O2NE6K5145 (Bloomberg) — China is stepping up support for the economy by ramping up spending and considering new measures to boost bank lending. The nation’s chief planning agency is making more money available to local governments to fund new infrastructure projects, according to people familiar with the
U.S. Sees Five Key Global Threats as It Delivers Defense Budget
©2016 Bloomberg News O29CJT6TTDSO (Bloomberg) — The Pentagon’s weapons buyer says the U.S. defense budget being delivered Tuesday has been designed to counter five threats: Russia, China, Iran, North Korea and extremist terrorist groups including Islamic State. “The strategic environment that we all live in is changing, and it’s changing
Spotting the Emerging Markets Most at Risk: Mark Whitehouse
©2016 Bloomberg View O1U7S46S9728 (Bloomberg View) — Investors worried about emerging markets face a vexing question: Which countries are actually the riskiest? By one measure — corporate leverage — Brazil and India stand out, though for China and Turkey the answer depends on how you look at it. As I noted
Whichever Way You Slice It, These Are Wild Days for Asia Stocks
©2016 Bloomberg News O1MW996JIJW1 (Bloomberg) — It’s been three years since Asian stock investors faced volatility this severe. The MSCI Asia Pacific Index has moved up or down more than 1 percent for six straight days, the longest stretch since equities were rocked by the European debt crisis in June
Asian Stocks Rally Amid Revival of Risk as Chinese Assets Swing
©2016 Bloomberg News O0M3BI6JTSEA (Bloomberg) — Asian stocksled a rally in riskier assets, climbing with U.S. index futures, oil and high-yielding currencies as China refrained from further cuts to the yuan’s reference rate and scrapped a system of market circuit breakers, providing some reassurance to investors. Shares in Hong Kong
Matt Levine’s Money Stuff: China Stocks and Bank CEOs
©2016 Bloomberg View O0L5F36KLVRB (Bloomberg View) — So how’s China? Here’s One of the All-Time Great Stock-Price Charts: That’s the chart of Beijing Baofeng Technology Co., which went public in China last March and went up by the daily 10 percent limit for 28 straight trading days through May 5, a gain of just
‘Airpocalypse’ Is an Opportunity for China and India: Editorial
©2015 Bloomberg View NZBH476JTSEJ (Bloomberg View) — Even as negotiators were completing a new global accord on climate change last week, a lung-burning haze choked two major world capitals, infuriating residents and reigniting debate about the costs of headlong development. As China and India rush to clean their cities’ hazardous air, they can
With Long Handshake, China and Taiwan Affirm Better Ties
©2015 Bloomberg News NXHJFO6K50XS (Bloomberg) — It was the 80 seconds China and Taiwan had waited almost 70 years for. Chinese President Xi Jinping and his Taiwanese counterpart, Ma Ying-jeou, smiled in dark suits –Xi wearing a Communist red tie, Ma, a Nationalist blue one — as they shook hands