December 2019 | 531 comments (531 topical, 0 editorial, 0 hidden)

[INCONTINENCE ALERT] (none / 0)

scratch that.
Trade war: Chinese ["]put back["] visit to sign ["]truce["] after Donald Trump took to twitter to announce own plans for White House ceremonie [sic] | SCMP, 5 Jan

- China delegation reschedules US trip after US President Donald Trump unilaterally announced January 15 date for `high representatives' from Beijing to sign
- Trump's eagerness to claim big 'win' from phase one deal contrasts with Beijing's ["]more measured["] approach
[...]
"We will be having a signing ceremony, yes," Trump said. "We will ultimately, yes, when we get together. And we'll be having a quicker signing because we want to get it done. The deal is done, it's just being translated right now."
But there was little sign that the two leaders were going to meet and Chinese state media has suggested that Xi did not intend to sign the deal in person.

archived dao

Mommy, what's a long march?
translations don't write themselves, yo

by Cat on Sun Jan 5th, 2020 at 08:38:58 PM EST
[ Parent ]

Re: [INCONTINENCE ALERT] (none / 0)

Hopes for spike in U.S. farm exports to China [are] dim ahead of trade deal signing, 9 Jan

U.S. President Donald Trump has touted the prospect of China buying $40 BILLION in U.S. farm products in 2020 as a PILLAR of the "Phase 1" agreement aimed at defusing the bitter trade war that erupted between the world's two largest economies in 2018. ...

But Chinese forward purchases of Brazilian soybeans, including about a dozen bulk vessels this week, or about 800,000 tonnes, are raising doubts Chinese buyers will have an appetite for vast supplies of U.S. soybeans once the deal is done.
[...]
"The key factor for crushers is whether the beans are cheap, even with a trade deal. If the beans from South America are cheap, buyers will go for South America," one of the traders said.
No details about the targeted $40 BILLION shopping list have been published, and China has not confirmed any purchase commitment. The U.S. grain and livestock market rally that followed the Dec. 13 announcement of a trade deal has faded.

Chicago Mercantile [!] Exchange

by Cat on Sat Jan 11th, 2020 at 09:12:00 PM EST
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U.S. Treasury drops China currency manipulator label ahead of trade deal signing
"Mnuchin had accused China of deliberately holding down the value of its yuan currency to create an unfair trade advantage, just hours after President Donald Trump, angered at the lack of progress in trade negotiations, had also accused China of manipulating its currency."

Switzerland rejects U.S. allegations of currency manipulation
"Switzerland's inclusion in the U.S. Treasury's list, alongside countries including Germany [?!], South Korea and Japan, would have no immediate consequences, the statement added."

archived petrodollar oops
Fed's Powell, under pressure, likely to stick to 'mid-cycle' message, Aug 209
borrowing costs
A heightened US-China FINANCIAL WAR imperils global economy Aug 2019
one that spreads the conflict to currency markets
Trump accuses China, EU of currency manipulation, blasts Fed July 2018