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Business and Market Discussions / View From Australia

2019-11-15

Business and Market Discussions / View From Australia

2019-11-15
The latest economic data from China shows an economy that is continuing to decelerate and weakness spreading across many sectors. Retail sales growth equalled the joint weakest in 16 years. Overall fixed-asset investment saw the weakest growth since 1998.

China says the trade war with the US should be ended by removing tariffs. A Ministry of Commerce spokesman said yesterday, “the trade war was begun with adding tariffs, and should be ended by cancelling these additional tariffs. This is an important condition for both sides to reach an agreement.”


Alibaba has filed its plans for a secondary stock offering in Hong Kong. The e-commerce giant will issue 500 million new shares at the end of November raising around US$13 billion.

Hong Kong employers are stepping up efforts to ensure the safety of their staff in the city following four days of confrontations between office workers and the police in the central business district. Several international firms are making arrangements for staff to work from home.

On today’s Money Talk we’re joined by Kenny Wen at Everbright Sun Hung Kai and Pete Sweeney of Reuters Breakingviews. With this week’s view from Australia is Toby Lawson from Societe Generale Australia.

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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