between the us and china ranges from taiwan and ukraine to national security and an ongoing trade dispute. janet mui, head of market analysis at rbc brewin dolphin. janet, at rbc brewin dolphin. good to have you with us. what janet, good to have you with us. what you make of this visit? as we said, the second in as many months. canjanet said, the second in as many months. can janet yellen said, the second in as many months. canjanet yellen do said, the second in as many months. can janet yellen do what the others have not yet managed to do, which is though that relationship that is particularly frosty about politics but also now economics and business two. ., but also now economics and business two. . ., ., but also now economics and business two. ., ., ., but also now economics and business two. thanks for having me. i think it is a difficult two. thanks for having me. i think it is a difficult task two. thanks for having me. i think it is a difficult task for two. tha
its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergrande, a
match of the day sees andy murray face stefanos tsitsipas. there s a host of grand slam champions elsewhere too and keeping across it all at the all england club is chetan pathak. chetan, bring us up to speed. the rain going on with the death first and second round matches played this in time but the sun is out in tennis is relentless. cheer on centre court behind me when liam brody the british wildcat he was a upset last year is playing casper ruud who is the fourth seed who has reached three of the last four grand slam finals and brodie has levelled things up and is two set since heading to a shoot out on centre court and whoever wins the deciding set will be in for the third round and other casper ruud is not a natural glass course player and his biggest success have come in a different court and he says he is still figuring out at the surface but the whole crowd is getting behind him. he beat british world champion before. three time grand slam champion is through to the
the route that has really - the route that has really gathered steam over the past couple weeks, really a reflection of the fact that there is the unrelenting sentiment when it comes to challenge now chana. household businesses particularly in china and not feeling exuberant about the economic recovery. this latest measure is really a band aid solution rather than finding an actual solution to the problem. it s been more about the bigger problem. how deep into the problems 7 ? i think the property market is one that ? i think the property market is one that is ? i think the property market is one that is really ? i think the property market is one that is really front - ? i think the property market is one that is really front and | is one that is really front and centre, and what we see is that the correction in the market is manifesting in so many different areas of the economy, particularly private sector investments. we ve seen a rise investments. we ve seen a ri
earths just days ago. i think she really wants as she said to get communications open. we are trading a lot with china, china depends on the us, us depends on china but at the same time, security and geopolitical interests are coming into conflict. i would say it is a little bit like good cop bad cop, blinken being the bad cop and now yellen going in as the good cop trying to say, look, we have a lot in common, let s see what we can do together, but boy, back home in the united states, both the democrats and the republicans are bashing on china, trump put in tariffs on hundreds of billions of chinese goods and president biden, who has reversed every trump policy he can, has kept that one. but despite those cooling tensions, the trade between the two have actually been growing but of course just ahead of her visit, beijing announcing those export controls on rare metals, also introducing some new laws on foreign relations and counterespionage and so on. is beijing playing ha