Ford Motor's premium Lincoln brand plans to build as many as five new vehicles in China by 2022, according to two U.S. sources, in a move to expand sales that would also blunt the impact of the U.S -
China trade spat.
But: a) This doesn't mean the regulator will definitely nix the takeover; and b) This does, of course, come in the context of a U.S. -
China trade spat, and the U.S.'s decision earlier this week to ban China's ZTE from buying U.S. tech for seven years.
Geopolitical tensions, including around a U.S. -
China trade spat, have also subsided in recent weeks to support the dollar.
Demand growth could also slacken should the current U.S. -
China trade spat hurt global trade and impact global economic growth.
Not exact matches
Singapore Prime Minister Lee Hsien Loong said a mounting
trade spat between the U.S. and
China was one of the most pressing concerns for Southeast Asian nations.
China has some options with regard to its purchases from Boeing if the
trade spat widens with the U.S., but little slack remains on the supply side in the near term with manufacturers «running at full capacity,» says Ken Herbert of Canaccord Genuity.
China was buying US Treasurys at its fastest rate in six months just before the recent
trade spat between the two countries.
China is off to a strong start in 2018 and any
trade spat with the U.S. would not be felt until later in the year or in 2019, says Kelvin Lau of Standard Chartered Bank.
The
trade spat with the U.S. is a concern, but
China's strong savings and quality growth are positive factors, says Thomas Poullaouec of T. Rowe Price.
China's ballooning
trade surplus with the United States has dominated geopolitical and financial market headlines over the past month with both sides announcing proposed tariffs on the others imports, creating concerns over the = tit - for - tat
trade spat to escalate into something far more sinister.
China will not hesitate to fight back if the United States escalates its
trade spat with Beijing, the commerce ministry said on Thursday, asserting that Chinese President Xi Jinping's pledge to cut import tariffs is not a concession to Washington.
Zhang Baohui, a specialist in Chinese politics and international relations at Lingnan University in Hong Kong, said Xi's address was strategic in that it allowed
China to save face at home, while paving the way for
trade negotiations with the US to prevent any further escalation of the
trade spat.
April's numbers may offer some insight into manufacturers» reaction to the escalating
trade spat between the United States and
China.
Regulators picked products
China can get elsewhere when they made a $ 50 billion list including soybeans and small aircraft for possible retaliation in a
trade spat with Washington.
Whether
China responded to the
trade spat by adjusting its Treasury holdings in March remains to be seen, although demand for US bonds has strengthened in recent weeks as global markets adopted a more cautious stance.
China has instructed two Northeastern provinces to expand their soybean cultivation area, which analysts said will help the country in its
trade spat with the US.
(Corrects 6th par to say 2 million mu, not 200 million mu)
BEIJING, May 3 (Reuters)- China is taking extra efforts to increase its soybean output this year amid an ongoing trade spat with the United States that threatens to curb imports from its second supplier.
Market sentiment is on the edgy side this Friday amid a slew of risky data points and developments including a key danger zone in the S&P, US average hourly earnings, a ratings downgrade of Turkey and the latest verbal volleys in the
China - US
trade spat.
China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country's leaders weigh their options in a
trade spat with U.S. President Donald Trump that has roiled financial markets worldwide.
Follow @bacchus88 Two of Australia's largest
trading partners are embroiled in a diplomatic
spat over disputed islands in the South
China Sea.
American whiskey has become the latest victim caught in the crossfire of the ongoing
trade spat between the US and
China, with
China announcing an additional list of 106 products to be hit with a punitive 25 % tariff.
A
trade spat between the United States and
China escalated this week, triggering a mass exodus from global equities.