26/08/2020Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
“These two economies are still quite closely tied. After all, it’s very hard for the two largest economies in a way to stop bumping into each other in various dimensions,” said Eswar Prasad, previously head of the International Monetary Fund’s China division.
28/10/2019Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
While US-China ‘phase one’ trade deal stops escalation, analysts not optimistic for more by year end
On Friday, the Office of the U.S. Trade Representative said the two economic giants have made progress in trade discussions and have come close to finalizing parts of a phase one deal. While the phase one agreement may halt the tariff war, it doesn’t mean that current tariffs will be rolled back, analysts noted. Analysts were not hopeful that the two sides can reach consensus on more issues by the of the year.
14/01/2019Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
China's trade surplus with the U.S. — closely watched amid a bitter trade dispute between the two countries — grew 17 percent from a year ago to hit $323.32 billion in 2018. Exports to the U.S. rose 11.3 percent on-year in 2018, while imports from the U.S. to China rose 0.7 percent over the same period.
16/10/2018Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
China's consumer and producer inflation rose in September, government data showed on Tuesday. Producer price inflation cooled from 4.1 percent in August — an indication of slowing economic momentum amid escalating trade tensions with the United States.
11/09/2018Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
The "real fundamental bottom" for the Chinese markets will likely come in October or November, said Alexious Lee, head of China Capital Access at CLSA. Investors will do well to position themselves as the bottom hits, Lee said on the sidelines of the CLSA Investors' Forum in Hong Kong.
30/07/2018Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
The Chinese yuan is still "fairly valued" despite recent declines against the dollar recently, said an International Monetary Fund official. The divergence in U.S. and China monetary conditions contribute to the recent slide in the Chinese yuan.
20/02/2018Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
Heavy U.S. tariffs on steel will hurt not just China but also other countries.. South Korea is considering filing a complaint with the World Trade Organization if the U.S. levies heavy duties on steel.. Max Baucus, former U.S. ambassador to China, told CNBC that it's more effective to target the issue of over-capacity together with other countries than focusing on punitive actions like tariffs that will lead to trade disputes
13/12/2017Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
China's economy will expand by 6.8 percent in 2017 but growth will slow to 6.4 percent in 2018, according to the Asian Development Bank. Developing Asia growth is expected at 6.0 percent in 2017 — better-than-expected due to improved trade. Growth for developing Asia next year is pegged at 5.8 percent.
10/11/2017Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
Chinese President Xi Jinping talks about the value of international "cooperation" and economic "openness.". Xi makes his comments at the Asia-Pacific Economic Cooperation Summit in Da Nang, Vietnam.. His APEC address follows one from President Donald Trump, who also called for openness — but with a harsher tone.
19/10/2017Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
Chinese President Xi Jinping said Wednesday that China supports an open world economy and pledged further liberalization of its market to foreign investors. Those promises came as he touted the benefits of a socialist system at the opening of the 19th Communist Party Congress.
11/08/2017Economía CNBC - Estados Unidos Economía Internacional Huileng Tan
Slowing economic growth in China is spurring its top leadership to expand the country's influence beyond its shores. China's efforts follow similar longstanding efforts by neighbors Japan and South Korea. China is also trying to buy its way into influence with its massive investment