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BBCNEWS Asia July 5, 2024



ability to buy high tech microchips and it s now considering an executive order to curb us investment in sensitive areas. jerry eligible to chinese counterpart to any such measures would be hardly targeted. i such measures would be hardly tarueted. , .,, , such measures would be hardly tarueted. , . , , ., targeted. i emphasised that it would be highly targeted. i emphasised that it would be highly targeted - targeted. i emphasised that it would be highly targeted and| would be highly targeted and clearly directed narrowly at a few sectors where we have specific national security concerns. i want to relay them fears that that would do something that would have broad based impacts on the chinese economy, that s not the case, that s not the intention. i think this is an example of what i said about how to address national securities concerns. address national securities concerne address national securities concerns. , ., ., ~ concerns. the senior market anal st concerns ....

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BBCNEWS Asia July 5, 2024



and it is now considering an executive order to curb us investment in sensitive areas. but ms yellen told her chinese counterparts that any such measures will be highly targeted. i emphasise that it would be highly targeted and clearly directed narrowly at a few sectors where we have specific national security concerns. i want to allay their fears that we would do something that would have broad based impacts on the chinese economy. that s not the case. that s not the intention. and i think this is an example of what i said about how to address national security concerns. senior market analyst kelvin wong told me that ms yellen did manage to smooth relations on the economic front. if you look at the us treasury secretary yellen, i believe that she is more pragmatic. so, all in all, i would like to state that ms yellen actually had a positive outcome in terms of economic communication between the us and china, but, however, on the general political front, i still reckon ....

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BBCNEWS Asia July 5, 2024



designed to restrict china s ability to buy high tech microchips and it is now considering an executive order to curb us investment in sensitive areas. but ms yellen told her chinese counterparts that any such measures will be highly targeted. i that any such measures will be highly targeted. highly targeted. i emphasise that it would highly targeted. i emphasise that it would be highly targeted. i emphasise that it would be highly - that it would be highly targeted and clearly directed narrowly at a few sectors where we have specific national security concerns. i want to allay their fears that we would do something that would have broad based impacts on the chinese economy. that is not the case. that is not the intention. and i think this is an example of what i said about how to address national security concerns. a, how to address national security concerns. a senior market analyst security concerns. a senior market analyst told - security concerns. a senior m ....

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BBCNEWS Asia Business Report June 4, 2024 00:35:00

Yet. change policy has not arrived et, ., change policy has not arrived et. ., ,.,,., ., yet. so, we are probably going to see that yet. so, we are probably going to see that inflation yet. so, we are probably going to see that inflation is - yet. so, we are probably going to see that inflation is still- to see that inflation is still trickling down about core inflation is still at around 5% which is more than twice as much as defence targets so that is not going to sway the fed s hand. it will not change the decision of interest rates. a, decision of interest rates. a lot of us banks are releasing their earnings. what are you expecting in terms of the health of the banking sector? that will be interesting to see for sure but what we will see is investors have moved past the banking crisis. we see a lot of the risk coming back up. we see a lot of individual debts on a bank stock options and things like that so there seems to be an appetite back betting on the banking sector now. i ....

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BBCNEWS Asia Business Report June 4, 2024 01:35:00

Hit the pause button last month on a rate hikes. head of applied research said the time for the fed to change policy has not arrived yet. so, we are probably going to see that inflation is still trickling down, but core inflation is still at around 5% which is more than twice as much as the fed s targets so that is not going to sway the fed s hand. it will not change the decision of interest rates. a lot of us banks are releasing their earnings. what are you expecting in terms of the health of the banking sector? that will be interesting to see for sure, but what we will see is investors have moved past the banking crisis. we see a lot of the specific risk coming back up. we see a lot of individual debts on a bank stock options and things like that, so there seems to be an appetite back on betting on the banking sector now. i also want to ask you about china because as i was just asking kelvin, the economy has been releasing some weak data. ....

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