May 17, 2020 | Daily JAM |
...China fireworks. We ended last week with the Commerce Department slapping new restrictions on the sale of any chip made with U.S. semiconductor manufacturing equipment to China's Huawei Technologies. (Which means that Taiwan Semiconductor Manuacturing's plans to...
May 12, 2020 | Daily JAM |
Think of it as a first step toward a policy move and not as an actual plan for action. In its quarterly monetary policy report released Sunday, the People’s Bank of China said it will resort to “more powerful” policies to counter unprecedented economic challenges from...
October 22, 2018 | Daily JAM, Mid Term, Morning Briefing |
Friday's disappointing GDP report did goad China's government to action to support the stock market and the economy, as I wrote that it would in my Friday post. Words from Chinese President Xi Jinping helped continue the surge in Chinese stock prices off a 4-year low....