China s export controls on metals used in semiconductors are "just a start", an influential Chinese trade policy adviser said on Wednesday, as Beijing ramps up a tech fight with Washington days before a visit from U.S. Treasury Secretary Janet Yellen.
A look at the day ahead in Asian
markets from Jamie McGeever, financial markets columnist. U.S. Treasury Secretary Janet Yellen touches down in Beijing on
Thursday for a three-day visit.
U.S. Treasury Secretary Janet Yellen touches down in Beijing on Thursday for a three-day visit just as trade tensions between the world's two superpowers ratchet up another notch, while a Malaysian interest rate decision tops the region's economic calendar. Australian trade data and Taiwanese inflation figures are on tap too, and equity investors will digest a mixed earnings report from Taiwan's Foxconn, a major iPhone assembler for Apple Inc. Asian stocks go into Thursday's session on the defensive, underperforming on Wednesday after figures showed that China's service sector activity expanded at the slowest pace in five months in June.
Chipmaking export curbs are just a start, China adviser warns – The Frontier Post thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.