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https://www.bloomberg.com/news/articles/2019-08-01/pboc-stays-on-hold-after-fed-in-sign-easing-is-limited-for-now?srnd=premium-asia

https://www.bloomberg.com/news/articles/2019-07-31/hong-kong-follows-fed-cuts-base-rate-for-first-time-since-2008?srnd=premium-asia

OTHER NEWS

The Trump administration’s introduction of sweeping import tariffs on steel and aluminum raises the real possibility of a global trade war. The effects would be felt everywhere, but especially in the world’s poorest countries, and everything from the current global recovery to the Sustainable Development Goals could now be in jeopardy.

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The Communist Party must firmly maintain leadership in all areas of work, Chinese President Xi Jinping declared Tuesday in a speech that, while intended to mark the 40th anniversary of Deng Xiaoping’s “reform and opening up,” seemed to represent a departure from some of its core ideas.  

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