In december 28th china marks the 40th anniversary of its Economic Reform Program president xi jinping announced that the efforts would continue. To find that there is no text book for reform and development. And no one is in a position to dictate to us what we should or should not do. Shes warning was almost certainly directed at u. S. President donald trump who has criticized chinas trade policies since the day he took office. They engage in relentless product dumping. Forced. Technology transfer and the theft of intellectual property but those days are over. The United States has Just Announced tariffs on another 200000000000. 00 in chinese made goods for a total so far of 250000000000. 00 chinas market distortions. And the way they deal. Cannot be tolerated. The tensions between washington and beijing have put germany in a difficult position at the 21000 Munich Security Conference chancellor Angela Merkel to try to explain why china behaves the way it does. And you know she nothing
December 2800. 00 china marked the 40th anniversary of its Economic Reform Program president xi jinping announce that the efforts would continue aging ago font that marriage is no tanks book fall reform and development you that joke of a no one is in a position to dictate so os walk we show door should not do you should shes done joe she you shes warning was almost certainly directed at us President Donald Trump who has criticized chinas trade policies since the day he took office they engage in relentless product dumping. Forced. Technology transfer. And the theft of intellectual property but those days are over. The United States has Just Announced tariffs on another 200000000000. 00 in chinese made goods for a total so far of 250000000000. 00 chinas market distortions. And the way they deal. Cannot be tolerated. The tensions between washington and beijing have put germany in a difficult position at the 21000 Munich Security Conference chancellor Angela Merkel to try to explain why c
Manipulation as well as some provisions to protect intellectual property theft a partial deal would also include President Trump holding back on the imposing the plan december 15th tariffs but now negotiators are working on rolling back some existing duties when asked if china would remove these tariffs Chinese Ministry spokesperson going strong said the 2 sides are making progress. Its not a correct way to resolve the trade issue by slapping tariffs nor does escalating tension and confrontation serve the interests of anyone involved to trade consolation between china and the us has made some progress and is moving forward we hope the 2 sides will meet each other halfway and find a solution on the basis of Mutual Respect equality and mutual benefit. This comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching 5 months low slightly above expectations which were at 52200000000 dollars on year over year the current trade defic
First speech to call for strength, resolve, and courage in europe, but steers clear of any serious policy prescriptions. Good morning. Lets take a quick look at the data this morning, getting set up for tuesdays trade. We have a yen that has weekend toalmost 109 weakened almost 109. Optimism for a trade deal driving the yen up to almost 109. Right now, 108. 77, driving up the 10 year yield, looking at 1. 80 right now on the 10 year yield as investors feel comfortable enough to let go of the perceived safety of u. S. Government debt. You see s p futures gaining once again after we saw new record highs for the Dow Jones Industrial average, the s p 500, and the nasdaq in yesterdays u. S. Trade. It is definitely looking like a lot of risk on sentiment in these markets as we get more and more optimism on trade. Still, equities may have even higher to go. Here with the details is dani burger. We might seeson equities move higher is theres one key group that has not latched onto this rally, a
Hack away. The u. S. Government says russia, china, and iran will seek to meddle in u. S. Elections going forward. How vulnerable are we . We get opinions from ethical hackers in our electioneering series. First to the top story, all about uber. Shares hitting a record low. Early restrictions lifted. Shares in this years largest u. S. Ipo are now down nearly 40 since its may debut. For more, walter joins us with in new york. With me in San Francisco, Lizette Chapman who covers the company for Bloomberg Technology. Give me the breakdown. What did we learn today . Reporter exactly what we expected. There was 1. 7 billion shares outstanding. A large swath of them have traded hands. Most widely traded stock today. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. There are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today,