Fed to underwrite the rtade war?
10 August 2019 | 11:00 am
A report showing healthy U.S. job gains failed to deter bond traders from betting on a half-point of additional Federal Reserve rate cuts in 2019 as escalating U.S.-China trade tensions held the market’s focus. Bloomberg's Jonathan Ferro sat down with TD’s Priya Misra, JPMorgan’s Oksana Aronov and Robert Tipp of PGIM Fixed Income to discuss whether the escalating trade war would force the Federal Reserve into a September rate hike.
23 Nov 2021
China said it took the punitive step after self-ruled Taiwan opened a de facto embassy in Lithuania.
22 Nov 2021
Chinese officials ordered some of the country's biggest companies — including Alibaba, Tencent and Baiidu — to pay fines for failing to report corporate acquisitions over the past eight years.
24 Nov 2021
President Joe Biden has invited 109 countries to the virtual summit which will take place on December 9 and 10. China said adding Taiwan to the guest list was a "mistake."
China's post-COVID recovery has been hurt by Beijing's crackdown on real estate and tech giants. Strong exports have, until now, saved the economy but what happens when global demand for Chinese goods slows?
East Africa has been ramping up efforts to expose its citizens to Chinese culture - particularly through language. In Kenya Mandarin is offered as a selective language in the national curriculum, while in Uganda it’s now a compulsory subject in some schools. But is this simply an exchange of cultures, or is there more to it?
Chinese real estate giant Evergrande, saddled with around $300 billion in debt, has been struggling to meet interest payments on its loans. If it collapses, some of its partner firms could be driven to bankruptcy, prospective homebuyers could lose deposits and some banks would lend less money, which would lead to a credit crunch in the world's second-biggest economy. Property developers in China have in fact created an oversupply: there is enough empty property in the country to house more than 90 million people. FRANCE 24's team reports.
For years, Vietnamese children and teenagers have been disappearing in Germany. Those responsible are unscrupulous human traffickers whose networks span continents. The young Vietnamese are smuggled into Germany via Russia and Eastern Europe. Many end up in the world of crime, working as slaves for the Vietnamese mafia. This film tells their story. One high-ranking investigator describes the phenomenon as "modern slavery". This is how many children and young people are brought from Vietnam to Germany: They are crammed into vans, loaded into refrigerated trucks, on the road for months, held along the way in abandoned warehouses or apartments. They are beaten, raped, exploited, they fear for their lives. They are lured by the prospect of a better life, as promised to their families by the criminals.
The EU Commission on Wednesday (1 December) unveiled its plan to invest €300bn by 2027 in global infrastructure in digital and climate projects - as an alternative to China's Belt and Road initiative.
The governing body of women's tennis took the decision after Peng made an allegation of sexual abuse against a Chinese official. WTA chairman Steve Simon said he worried about player safety at tournaments in China.
Since September, the name Evergrande has caused panic on stock exchanges around the world. Paralysed by $300 billion in debt (€260 billion), or the equivalent of 2 percent of Chinese GDP, the country's second-largest real estate developer is now threatening Chinese growth. Evergrande has more than 1,300 construction projects across China, as well as financial products, electric cars, livestock, bottled water and even a football club.
The EU and China have pledged to boost funding of green investment projects in ASEAN. But will these erstwhile partners, whose relations have soured over the past year, be able to work side by side?
July 12 marks the fifth anniversary of a landmark ruling by the independent Permanent Court of Arbitration at The Hague that rejected China's claims to contested islands in the South China Sea. Despite the 2016 ruling, Beijing has deployed forces to prevent fishers from the Philippines from accessing the waters.
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The war in Ukraine has forced a major rethink of European security, with further enlargement of both NATO and the EU now on the table. Kyiv has asked for a fast-track procedure for EU membership. Moldova and Georgia have also applied. The EU has made it clear that Ukraine belongs to the European family. However, admitting several more nations would be highly challenging. And even before the war, the EU was already negotiating with candidate countries Albania, the Republic of North Macedonia, Montenegro, Serbia and Turkey. We discuss how far the EU should grow, and how fast that process should be, with two MEPs.
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As Berlin seeks to ween itself off Russian energy sources, Chancellor Scholz has said Qatar "plays an important role" in energy policy. The visiting Emir of Qatar has confirmed could start LNG deliveries by 2024.
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Germany's defense minister has said the anti-aircraft tank will be used to protect "critical infrastructure" in Ukraine from Russian attacks.
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On day two of the Cannes Film Festival, FRANCE 24's Olivia Salazar-Winspear tells us why the première of "Top Gun: Maverick" has movie fans jostling to catch a glimpse of US actor Tom Cruise on the red carpet. We also take a look at the first films competing for the Palme d'Or, as Kirill Serebrennikov returns to Cannes to present "Tchaikovsky's Wife". The Russian director was unable to attend the screenings of his last two films, "Petrov's Flu" and "Leto", due to living under virtual house arrest in Moscow in recent years.
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Taipei has introduced a "new Taiwan model" to shift away from its "zero-COVID" strategy. But public health experts warn of an increase in COVID-19 fatalities if the island can't streamline policies.
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In France, coming out of the closet and living openly as a member of the LGBTI+ community can be a significant psychological, emotional and social challenge. Until just 40 years ago, it was also a legal one. In 1982, the age of consent was lowered from 21 to 18 for homosexuals in France, making it the same for everyone. This landmark law paved the way for important civil liberties, including the legalisation of same-sex marriage in 2013. But there are still obstacles to be overcome. To find out more about the ongoing fight for equality, we speak to Sébastien Tüller, LGBTI+ legal advisor for Amnesty International France.