Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
We are watching the hang seng index. Australias market is only higher by 0. 3 . But we had this news that china will allow australias cargo to come ashore. Lets have a look at stocks. Clearing exchanges in focus. The u. S. Approved legislation that could lead to chinese firms getting kicked off american exchanges. Also getting a call from sidney. Tak is down 1. 4 . ,his big surging iron or holding at a record. In recent weeks, weve seen pickup of state owned enterprise default in china that have jolted the credit markets and rattled investors. One company in the spotlight is ever grand, which has accumulated the biggest debt in global real estate. We are joined by Stephen Engle in hong kong. In ournt to bring distinguished guest, the ceo and cofounder of sc lowy in hong kong. A bank and manager that specializes in distressed and highyield debt. Good to see you. You spoke to bloomberg about a month ago and you did talk about ever grand. We know that they have taken steps to increase or
Dimensions of the u. S. china relationship in 2019. And examine chinas relations with taiwan and hong kong. Commission began its hearing this year which marks the 40th anniversary of the establishment of u. S. china diplomatic relations. By examining chinas internal and external challenges and their effects of chinas ability to sustain Economic Growth, project power, and spread its influence around the globe. This year has been one of extreme volatility in the relationship between the u. S. And china. Change and unpredictability have been so significant since we began our hearings this year that commissioners thought it would be valuable to revisit and explore some key topics in the economic and security realms. There is an increasing amount of commentary in Foreign Policy in the Foreign Policy community, conjecturing about the likelihood that the relationship between the u. S. And china is undergoing permanent change. This commentary further characterizes china as a rival, having upgr
And china with Asian Studies scholars and economist, hosted by the u. S. And China Economic security commission. This is one hour and 40 minutes. Good morning. Welcome to the last hearing of the u. S. And Economic Security s annual report cycle. Andhearing will review assess Key Developments in the economic and security dimensions of the u. S. China relationship in 2019. It will examine chinas relations with taiwan and hong kong. The commission began its hearings this year, which marks the 40th anniversary of the establishment of u. S. China diplomatic relations by examining chinas internal and external challenges and the effects of effects on chinas ability to sustain Economic Growth and spread its influence. This year has been one of extreme volatility in the relationship between u. S. And china. Change in a pretty debility have been so significant since we began our hearings that commissioners thought it would be valuable to revisit and explore some key topics in the economic and se
Spain is braced for a divisive weekend with a vote on independence for catalonia apparently due to go ahead, despite opposition from madrid. However, the high court in catalonia has now stepped in. Its ordered google to delete the computer app being used for the poll. Related emails must also be blocked. These are live pictures from barcelona, where a Pro Independence rally is taking place. Separatists have called on people to turn out early at polling stations in a mass statement of peaceful resistance, even if they are prevented from voting. The bbcs jon donnison has the latest. Horns blare. As the moment of truth comes for catalonia, a show of force from those supporting independence. Crowd chant. Theyre calling it a tractorada an armada of farmers rolling into barcelona. Cheering. Determined sundays referendum should go ahead. Translation weve come in peace and we dont want to provoke any kind of confrontation with the people of spain or anyone else. Because we and the spanish are