Investors assess political risk profile as US-China trade tensions escalate
25 August 2019 |
7:52 am
Traders say Nigerian Treasury Bill (NTB) yields rose about 70 basis points over escalating trade tensions between the U.S and China. For more details on this week’s activities at the Money market in Nigeria, Nnamdi Olisaeloka, fixed income, currencies and commodities Analyst at Zedcrest Capital joins CNBC Africa for more.
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This week, former Taiwanese president Ma Ying-jeou was on a trip through China as a private citizen, at the same time that Taiwan's current president, Tsai Ing-wen, was in the United States. Tsai's unofficial visit sparked diplomatic anger from Beijing, which considers the self-ruled, democratic island as part of its territory. We take a closer look.
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Japan's foreign minister met his Chinese counterpart in Beijing and openly talked about disputes between their countries. The two Asian powers are seeking common ground amid rising tensions in the region.
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India's foreign ministry says it rejects attempts by Beijing to change the names of mountains and rivers in its Arunachal Pradesh state. China also lays claim to the region.
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Since the start of Russia's full-scale invasion of Ukraine, Taiwan has shown unwavering support for Kyiv. The invasion of a young democracy by its larger neighbour is indeed a situation that hits close to home in Taiwan.
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A Beijing-brokered deal between rivals Iran and Saudi Arabia marks major diplomatic progress which could reshape relations across the region which has witnessed decades of conflict and violence.
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During a trip to Beijing, the French president and the EU's von der Leyen are seeking to get Xi Jinping to pressure his ally Russia for peace in Ukraine. China has so far steered clear of condemning Moscow's invasion.
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The Ronald Reagan Presidential Library and a US conservative think-tank were among the organizations sanctioned by China. The move comes after Taiwan's President Tsai Ing-wen met with US House Speaker Kevin McCarthy.
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After India outrightly rejected China's attempt to rename places of Arunachal Pradesh, Beijing on Tuesday claimed its "sovereignty" over the region. In a regular press conference, China's Foreign Ministry spokesperson Mao Ning said, "Zangnan (Arunachal Pradesh) is part of China's territory.
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