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Business and Market Discussion / View from Japan

2020-08-11

Business and Market Discussion / View from Japan

2020-08-11
 China has sanctioned 11 Americans, including Republican senators Marco Rubio and Ted Cruz, in retaliation for similar US moves against Chinese officials over Beijing's crackdown in Hong Kong. A foreign ministry spokesman said, "China has decided to impose sanctions on some people that behaved badly on Hong Kong-related issues."

Consumer inflation on the mainland accelerated to 2.7% in July from 2.5% the previous month. Food prices rose 13.2% from a year ago, with pork prices climbing 85.7%. China’s National Bureau of Statistics also reported that producers’ prices fell 2.4%, better than the 3% drop the month before.



Hong Kong health officials yesterday reported 69 new local Covid-19 infections of which 22 are of unknown origin. The government said it would extend the current anti-epidemic measures for another week until August 18. The measures include mandatory mask-wearing at all public venues, limiting social gatherings to two people, as well as a ban on dining-in at all restaurants from 6 pm to 5 am.
On Tuesday’s Money Talk, we’re joined by John Marrett, Analyst at the Economist Intelligence Unit and Raymond Yeung, Greater China Chief Economist at ANZ. With a view from Japan is Nick Smith, Japan Strategist at CLSA.

Money Talk

A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live every weekday morning 8 to 8:30 a.m. on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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