The Chinese government slapped sanctions on former Secretary of State Mike Pompeo, former National Security Adviser Robert O’Brien and former trade adviser Peter Navarro, along with other members of the Trump administration Wednesday. The move came after Joe Biden was sworn in as 46th president of the United States. “Over the past few years, some […] Read more
Chinese state media labeled the U.S. a “rogue country” and dubbed the potential sale of social media firm TikTok to Microsoft as “theft,” adding that Beijing could retaliate if a deal is sealed. Microsoft announced plans on Sunday to acquire TikTok’s business in certain markets — the U.S., Canada, Australia and New Zealand. Commenting on the matter, President […] Read more
China’s bond market is the exception, UBS Asset Management’s Hayden Briscoe said, as investors struggle in their hunt for yield. Major central banks around the world have taken drastic steps, like slashing or maintaining record low interest rates, to shore up financial markets reeling from the coronavirus pandemic. The yield on the 10-year China government […] Read more
