News Clip4:30
Bloomberg

China Taking More Steps to Slow Currency's descent

Higher Ed
China set a stronger-than-expected exchange-rate fixing for a 10th straight day and said it will allow banks to hold less foreign currencies in reserve, its most substantial moves yet to stabilize a weakening yuan. Stephen Chiu and Tania...
News Clip4:08
Bloomberg

China Plans Tax Relief of Over $21 Billion to Lift Economy

Higher Ed
China will offer more than 140 billion yuan ($21.1 billion) in tax relief to companies and consumers as the government seeks to offset the heavy impact of coronavirus lockdowns on its economy. Meanwhile, US President Joe Biden said he'll...
News Clip4:19
Bloomberg

Gauging Growth: What to Look for in China's 3Q GDP

Higher Ed
Oct. 18 -- Fan Cheuk Wan, head of Asia investment strategy at HSBC Private Bank, discusses what to look for in China's 3Q GDP figures, China's exports and where she's seeing opportunity. She speaks to Bloomberg's Angie Lau and David...
News Clip2:32
Bloomberg

China's Love Affair with U.S. Real Estate Fades

Higher Ed
Aug. 10 -- U.S. real-estate sales to Chinese buyers fell for the first time since 2011. U.S. realtors say China's capital controls and currency depreciation are having an impact on potential buyers pulling the trigger. Bloomberg's Shery...
News Clip1:16
Bloomberg

HSBC's Bloom Sees Yuan at 7.15 per Dollar in 2020

Higher Ed
Dec.05 -- David Bloom, head of global foreign-exchange strategy at HSBC, discusses the outlook for the yuan and why he's struggling to see a "game breaker" for global currency markets in 2020. He speaks on "Bloomberg "Surveillance."
News Clip3:45
Bloomberg

Commerzbank’s Zhou Sees Yuan Under Pressure to Weaken

Higher Ed
Jul.03 -- Hao Zhou, director and senior emerging markets economist at Commerzbank, discusses the dollar-yuan trade and his outlook for the currency. He speaks on “Bloomberg Markets: Asia.”
News Clip2:04
Bloomberg

PBOC Cuts Fixing Rate as Fed Decision Looms

Higher Ed
December 9 -- China cut the yuan’s reference rate to the weakest since 2011, fueling speculation that the central bank is trying to release pent-up depreciation pressure before an expected increase in U.S. interest rates. There are...
News Clip6:37
Bloomberg

Bocom's Hong Sees China Rule Change Helping IPO Listings

Higher Ed
Feb.27 -- Hao Hong, chief strategist at Bank of Communications International Holdings Co. in Hong Kong, discusses China to allow more companies to list on its stock market and talks about the country's supply of IPOs. He speaks on...
News Clip1:25
Bloomberg

China to Lead World Trade Recovery, Says Weinberg

Higher Ed
Sep.05 -- In today's "Single Best Chart," Bloomberg's Tom Keene displays the performance of the renminbi against the U.S. dollar in 2017. He speaks with Carl Weinberg, chief economist at High Frequency Economics, on "Bloomberg...
News Clip3:39
Bloomberg

China's Luck on Yuan Devaluation Risks Running Out

Higher Ed
Jul.22 -- For more than a month, China seemed to be enjoying the advantage of exchange-rate depreciation without the global backlash and panicky capital outflows that accompanied the bout of yuan weakening in 2015. Then Donald Trump took...
News Clip5:16
Bloomberg

IEA's Birol Urges OPEC to 'Think Twice' About Cutting Oil Production

Higher Ed
Oct.30 -- Fatih Birol, executive director at IEA, discusses global oil demand, the impact of Iran sanctions, and potential oil production cuts. He speaks with Bloomberg's Haslinda Amin from the Singapore International Energy Week summit...
News Clip1:51
Bloomberg

China Takes Its Most Visible Measure Yet to Curb Yuan’s Gain

Higher Ed
May.31 -- China’s central bank raised the amount of foreign-currency deposits lenders need to set aside as reserves. The move may help stem the yuan’s rally by reducing the supply of other currencies in the country. Tom Mackenzie reports...
News Clip6:40
Bloomberg

JPMorgan Asset Mgmt. Tai Hui on Fed, Investment Strategy

Higher Ed
JPMorgan Asset Management Chief Asia Market Strategist Tai Hui discusses Jerome Powell renomination as Fed's Chair that has spurred treasury selloff. He speaks with Yousef Gamal El-din on 'Bloomberg Markets Middle East'.
News Clip2:35
Bloomberg

Yuan Nears Weak End of Trading Band

Higher Ed
The offshore yuan fell to a fresh record low after the People's Bank of China loosened its grip on the tightly controlled fixing by setting the rate at the weakest level in 14 years. Stephen Chiu discusses the move on Bloomberg Television.
News Clip3:56
Bloomberg

How Strong is China’s Economy?

Higher Ed
February 26 -- China’s central bank tweaked the description of its monetary policy stance to reflect a recent ramp-up in liquidity injections and moves to guide money market rates lower, with Governor Zhou Xiaochuan highlighting scope...
News Clip1:53
Bloomberg

Summers: 'Ludicrous' to Name China an FX Manipulator

Higher Ed
Nov. 9 -- Former U.S. Treasury Secretary Larry Summers rebuffed President-Elect Donald Trump's campaign rhetoric on China and free-trade, pointing out the consequences of Trump's words. He spoke with Bloomberg's David Westin on...
News Clip6:17
Bloomberg

Mizuho Economist Says Trade War Major Risk to China, U.S.

Higher Ed
Feb.09 -- Shen Jianguang, chief Asia economist at Mizuho Securities, discusses the outlook for China's economy with Bloomberg's Rishaad Salamat on "Bloomberg Markets."
News Clip5:45
Bloomberg

Peterson Inst.'s Lardy Doesn't Expect China Debt Crisis

Higher Ed
Mar.22 -- Nicholas Lardy, Peterson Institute for International Economics senior fellow, discusses China's debt growth and economic prospects with Bloomberg's Stephen Engle on "Bloomberg Markets."
News Clip11:29
Bloomberg

Hong Kong's Property Is the World's Least Affordable

Higher Ed
Jun.30 -- Hang Lung Properties Chairman Ronnie Chan discusses his outlook for Hong Kong's property market and talks about the yuan. He speaks on "Bloomberg Markets."
News Clip1:08
Bloomberg

Conway: Trump Means What He Says on China

Higher Ed
Jan.12 -- Kellyanne Conway, counselor to President-elect Donald Trump, talks about Trump's plans to follow through on his promises on China and other issues in his campaign. She speaks with Bloomberg's David Westin on "Bloomberg...
News Clip2:56
Bloomberg

Philippines Prepared to Sell Yuan, Yen and Euro Bonds in First Half of 2019

Higher Ed
Feb.24 -- The Philippines is looking to issue yuan, yen and euro bonds in the first half of the year as the government seeks to make these markets its regular sources of funds, Finance Secretary Carlos Dominguez exclusively told...
News Clip2:52
Bloomberg

Yuan Trading Is Busier Than Ever 

Higher Ed
Aug.29 -- Turnover in the offshore yuan has reached unprecedented levels, spurred by U.S. President Donald Trump’s broadsides against Chinese currency practices and the protracted trade dispute between the world’s two biggest economies....
News Clip9:24
Bloomberg

Yuan Could Fall to 7 Against the Dollar, Komal Sri-Kumar Says

Higher Ed
Aug.06 -- Komal Sri-Kumar, founder and president of Sri-Kumar Global Strategies Inc., discusses the escalating trade tensions between the U.S. and China. He speaks with Bloomberg's Haidi Stroud-Watts and Ramy Inocencio on "Bloomberg...