Xi-Macron Meeting, Asia Snaps Gains
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
Xi-Macron Meeting, Asia Snaps Gains
-
Narrated by:
-
By:
About this listen
French President Emmanuel Macron pushed for more Chinese investment during a meeting with Chinese leader Xi Jinping, as Paris looks to rebalance its economic ties with Beijing and narrow a persistent trade gap. Macron said Europe, including France, needs a clearer framework to attract more Chinese direct investment. He warned that China's growing trade surplus with the rest of the world is becoming unsustainable, while investment flowing into Europe remains too low. We heard from Bloomberg China Correspondent Minmin Low.
Asian equities dropped in early trading following a lackluster session on Wall Street that weighed on tech stocks and bonds, with focus turning to the release of key US inflation data later on Friday. We get an outlook from Charu Chanana, Saxo Chief Investment Strategist. She spoke to Bloomberg's Avril Hong and Paul Allen.
And in the states, markets struggled to gain traction ahead of the Federal Reserve's meeting next week. We spoke to James Thorne, Chief Market Strategist at Wellington-Altus Private Wealth.
See omnystudio.com/listener for privacy information.