Page 11 - Derek Scissors News Today

Investors bargain hunting for equities that could see a comeback in the second quarter of 2022 may want to give Chinese equities a closer look.

China on Monday posted better-than-expected GDP growth in the first quarter, though retail sales for March slumped amid ongoing Covid lockdowns on the mainland.

China on Monday posted better-than-expected GDP growth in the first quarter, though retail sales for March slumped amid ongoing Covid lockdowns on the mainland.

The Chinese economy is "struggling" for now - but it is "not in serious trouble," said chief economist Derek Scissors at research firm China Beige Book.

The Chinese economy is “struggling” for now — but it’s “not in serious trouble,” according to Derek Scissors chief economist at research firm China Beige Book. “We’re not looking at outright contraction as China suffered in 2020,” Scissors told CNBC’s “Squawk Box Asia” on Tuesday. He was referring to how the Chinese economy saw a ...

The treasury secretary gave a speech on the international order that called out countries that “are currently sitting on the fence” on Russia’s invasion of Ukraine.

On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S.

National security adviser Jake Sullivan meets with his Chinese counterpart Yang Jiechi today to confront the Chinese government about what the U.S. sees as its tacit support for Russia’s invasion of Ukraine.

2022 candidates use ads vowing to be tough on China, or attacking rivals as too soft on China

National security officials want an executive order limiting American banks’ ability to invest in Chinese technology firms, but the Treasury and Commerce Departments are pushing back.