Hang seng is flat. Taiwan is the leader on the board. We will talk about tsmc. They are gaining on the back of the apple news. We continue to watch dollar renminbi. 16 month high for the yen. We could be set for the best performance ever for the renminbi. Look at whats going on the rest of g10. Still seeing a strong yen. Pound is gaining for a third day at 129. The dollar falling to the twoweek low ahead of the fed decision. Take a look at bond yields ahead, not much movement. Its pretty quiet before the fed. Six the seven basis points for u. S. 10 year. Bondsl off in government the fall off in government bonds may have run its course. Saw the biggest cash injects and since 2018. Crude jumping on the back of that Better Chinese data we got yesterday. Back to our top story. A big win on paper, but not much in the real world. Says that Donald Trumps tariffs on chinese goods violated International Regulations, but its unlikely to make much of a material difference. Lets get more from our
Criticism by world leaders. And while lebanons economic crisis could be made worse by u. S. Sanctions targeting syrias government. Result with sensational accusations against the u. S. President made by his former National Security advisor john bolton says donald trump asked foreign leaders including chinas president for help to get reelected in november its just one of a number of accusations made in exits of boltons new book said to be released next week i cannot reports from washington. The democrat controlled house of representatives impeached President Trump for his dealings with ukraine ruling that hed withheld aid to leverage information about his political opponent Joe Biden John Bolton refused an invitation to testify before the house but now alleges that this action was typical of President Trumps dealing with a number of countries and he criticizes the house for limiting its investigation to ukraine had they taken the time to inquire more systematically about trumps behavior
This discussion on i think a selfevidently important topic, and this is a great reason to be discussing this. We are obviously to highlight, promote, discuss this great new book which justte came out on tuesday i believe, the third was the official launch date. And this is about a topic which is incredibly relevant important but as the authors discuss, understudied and under emphasize its i dont want to waste too much time you with a big long intro. Ive only have an interest i can highlight the work of aruna next to me who is been doing really fantastic reporting for the wall street journal on the same topic and the going to quote from one of her stories from april of they should because us upst nicely where a piece with a colleague dustin the first sentence says chinese spies are increasingly recruiting u. S. Intelligence officersg as part of a widening sustained campaign to shake loose government secrets. Current and former u. S. Official said china has also grown older and more succ
Affairs Committee Member looks at what the relations mean for u. S. Taiwan relations. Hello. Welcome everyone. Im walter logan. Im director of the Asian Studies center here at the heritage foundation. I really appreciate all of you coming out, thank you. I want to thank rustle shou for partnering with us on this program today. Im so glad we could work this out. You know, there was a little election over the weekend. I dont know if everyone noticed, but judging by the turnout, perhaps you did. You know, at the outset here i just want to say a couple of things about the elections in taiwan on saturday, just a couple, and turn it over to our guests and our Panel Speakers to offer real advice on it, real insight. First of all, i think that the election says more about taiwan than it says about anything else. I not only highlight that because i think we all are immediately moving to what this means for china. For all practical purposes, all practical purposes, taiwan is really not a part of
Noticed, but judging by the turnout perhaps you did. Outset, i wanted to say a couple words about the election in taiwan on saturday, just a couple, and then turned over turn it over to our Panel Speakers to offer insight. First, i think that the election says more about taiwan then it says about anything else. That only highlight because i think we all are immediately moving to what it means for china. For all practical purposes, taiwan is not a part of china. Why do we move immediately to talk about what this means for china . What it means most is that taiwan values the same things the rest of the free world values. It has conducted its seventh residential election president ial election. It is getting to be such a normal thing that it barely even merits congratulations anymore. We have an election every four years, every two years. The world does not congratulate us on having made this achievement. It has become commonplace in taiwan. It has become commonplace because they value th