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Business and Market Discussions

2019-05-08

Business and Market Discussions

2019-05-08
The US and China will continue trade talks this week after China’s Commerce Department announced that Vice Premier Liu He, who’s leading the mainland delegation, will visit Washington tomorrow and Friday. However, global shares have slumped after US trade representative Robert Lighthizer accused China of backtracking on commitments previously made over 10 rounds of discussions


China's FX reserves fell by US$3.8 billion in April to US$3.095 trillion, slightly lower than expected and ending a 5-month rising streak.

The London Metal Exchange, which was bought by the Hong Kong Stock Exchange in 2012, is in talks with the Guangdong government to open a warehouse in China, the world’s largest consumer of commodities. The pilot scheme would connect the LME network with China’s domestic market and leverage the Greater Bay Area development.

On today’s Money Talk, our panel of guests consists of Brad Gibson from Alliance Bernstein, Alex Frew Mcmillan of Dragonfly Media and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.

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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