Know that that can hurt them as it has but they also know that it hurts mr trumps reelection bid because it hurts manufacturing farmers and others so the bit bottom line is its a theater driven by the calculus mr trumps calculus how much does the theater gain me and the how much does the theater lose me and what every resigned this coming week it will be overwhelmed by how that calculus shifts between now and election day next nor the november but if the chinese side decides to sign something that they simply cant deliver on because these are impossible benchmarks to fulfill all of us we said then wouldnt it just be a question of if not when then like how chinese will default in the socalled agreements. I think this is a bit more complicated the chinese understand that they get some real immediate advantages tariffs that were set to go into effect wall now thats been agreed to tariffs that were imposed in september are going to be either eliminated or removed its still true that half o
First time in decades. Going there for more from beijing is bloombergs selina wang. Give us an update on the situation in terms of the death toll and some of the evacuations from the ships, and also what we have heard about potential delay to the National Peoples congress. Selina we heard from the head hospital that he turning point may be reached, but we did see the number of , so it looks like the virus has not reached a peak yet. Outside china, countries have been stepping up evacuation efforts from these cruise lines. The diamond princess cruise ship in japan reporting the number of infections jumped to 454 after another 99 new cases right in the fight. In beijing, you can still feel the effects on the local economy, with stores and restaurants still closed. There has been a slight uptick in activity as people have resumed work, but only about 40 to 50 of the economy has been running at capacity this week. In beijing, anyone returning from the city has been ordered to self quaranti
Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil david mcilvaine financial help us dig into the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity and news desert during those final few days of the year chinese vice premier and top negotiator leo ho will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has been released while the
Dragging this phase one out for a long time a signing ceremony translations legal scrubs more and more fluff trickling little bits of information every single day to give the markets an illusion of progress but is this thing actually going to get signed i mean multiple analysts have already came out and said that the benchmark exports set by the u. S. Are simply unfeasible as they have exceeded that of 2017 why would china agree to Something Like that. Well i think for the chinese its a question of gaining time for them this entire sauce started with the initiative of mr trump its political theater weve said for a long designed to make mr trump appear for his reelection bid as the protector of the United States making the charlie knees and for that matter everybody else in the world give the United States a better deal beating up on the foreigners for cheating thats as old as methuselah in the world of politics. Next and mr trump is trying it again the chinese know that that can hurt t
Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil David Mckelvey any of the National Media financial help us to get in the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity a news desert during those final few days of the year chinese vice premier and top negotiator leo will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has be