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Business and Market Discussions / View from China

2019-04-08

Business and Market Discussions / View from China

2019-04-08
Stocks on Wall Street advanced on Friday after the latest employment data showed the US economy added more jobs than forecast in March. However, wage growth slowed. President Trump told reporters the Fed should immediately cut interest rates and embark on quantitative easing, saying it would turn the economy into “a rocket ship”.

Following trade talks between the US and China in Washington last week, President Trump said the US has found agreement on some of the toughest issues, but he added some sticking points remained, including US insistence on keeping some tariffs in place on Chinese goods. He said a deal could come in the next four weeks. President Xi Jinping said substantial progress had been made and he called for an early conclusion to the negotiations.


On today’s Money Talk we’re joined by William Ma of Noah Holdings and Le Xia from BBVA Research. Providing the view from the mainland is Yanan Wu, Chairman of Zhen Rong Bao in Beijing.

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 from 8 a.m. to 8.30 a.m. every weekday morning 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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