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Transcripts For RT Boom Bust 20240715

setback to u.s. chinese trade relations. in other china news the american express company has become the first u.s. based credit card company to be granted permission to operate in china china central bank took ten years to approve the proposal from american express and only did so with a fifty fifty joint venture partnership split with a chinese firm the ling-ling group the partnership will operate as express technology services company the green light gives amex a head start over competitors a master card and visa of course who are still seeking approval of similar proposals meanwhile authorities have given amex fifteen months to set up a network to clear payments with chinese financial and technical partners amex will need a second nod from officials to begin full operation. jumping back across the pacific back to amex his home country the us producer. price index indicated october inflation at the highest monthly level since two thousand and twelve figures released today

Transcripts For RT Boom Bust 20240715

tussle with president trump chinese exports grew by fifteen point eight percent beating expectations of just below twelve percent i n.-g. s says chinese exports our exports are racing to get these goods to the u.s. warehouses and stay ahead of the future increases in u.s. tariffs from ten to thirty five percent on january one of next year the analyst also said they expect no progress much less any resolution at the upcoming meeting we ve told you about between president trump and chinese president xi jinping and the g twenty in burra when a sari s instead they expressed hope that the meeting does not yield an overall setback to u.s. chinese trade relations. in other china news the american express company has become the first u.s. based credit card company to be granted permission to operate in china china central bank took ten years to approve the proposal from. american express and only did so with a fifty fifty joint venture partnership split with a chinese firm the ling-l

Transcripts For RT Boom Bust 20240715

a master card and visa of course who are still seeking approval of similar proposals meanwhile authorities have given amex fifteen months to set up a network to clear payments with chinese financial and technical partners amex will need a second nod from officials to begin full operation. jumping back across the pacific back to amex his home country the us producer price index indicated october inflation at the highest monthly level since two thousand and twelve figures released today by the us labor department s bureau of labor to specifics or b.l.s. show an increase of point six percent for the month surpassing consensus expectations closer two point two percent officials at major russian oil and gas producers are reportedly taking a hard line with foreign oil companies over twenty one thousand pond tracks energy firms in russia the third and fourth largest are pressing foreign buyers to use euro zone for payment instead of u.s. dollars to avoid intel. lament in u.s. sancti

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