Donald Trump signed the Hong Kong Bill (Hong Kong Human Rights and Democracy Act) of the US Senate and the US House of Representatives after the close of trade on Wall Street. This significantly complicates the negotiations in the trade war. Beijing reacts sharply, appoints the US ambassador and threatens with countermeasures. Even the text Trump had written for the signature under the Bill shows the dilemma he is in. On the one hand he has to sign, on the other hand he tries to present this signature as gently as possible. Either way: for Beijing this is interference in internal affairs, so the US futures on US holiday are lower. Does tension still arise today on a bland trading day?
Despite the clear facts the markets have still maintained the hope of an early agreement between the US and China – but now there is obviously silence as the Chinese media report! Strong accusations against […]
US government bonds are held en masse by foreign owners. The total volume at the end of August was 6.857 trillion Dollars, according to statistics published tonight by the US Treasury. In June, Japan, the […]
Chinese media have just reported that the next talks between the USA and China will take place in September. The talks were “sincere” and “efficient”, according to official reports. Both sides had discussed how China […]