The Chinese Puzzle | 239 tains there its largest intelligence base outside mainland China. A large contingent of its officers are stationed officially in the Prince of Wales skyscraper in central Hong Kong and unofficially main- tain informers in Hong Kong’s police, governing au...
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Via Skype Getty images . T:10 AM RLK: And indeed for the entire economic relationships and standards of living of all people. There are real issues and I think we need to discuss them. But right now, China is sending signals by what it's doing, that it wants to ratchet down the...
Base metals Preference: neutral Current (24 Oct) (last month): Copper USD 7,815/mt (8,271); Nickel USD 16,336/mt (18,351); Aluminum USD 1,912/mt (2,079) UBS View 6-month target: Copper: USD 8,800/mt; Nickel: USD 19,000/mt; Aluminum: USD 2,100/mt e After the swift uptick in pri...
166 But Japanese activists have never needed encouragement from China on this front. They lead homegrown movements with specific political targets in Japan itself, notably attacking the conservative establishment and defending the country’s “peace constitution.” These well-estab...
EM Growth? TABLE 1 highlights data from the 10 largest emerging mar- kets, which account for 89.2% of the MSCI Emerging Mar- kets Index. The growth prospects of this group appear sur- prisingly tepid. The median real GDP growth for the next five years is forecasted at 2.5%, while...
Overweight US Energy Infrastructure Master Limited Partnerships (MLPs): We initiated a direct allocation to energy MLPs in late January 2016 and have maintained that tilt. Given our assumptions about oil prices, we believe that the cash distributions from MLPs are generally secur...
Exhibit 25: Conference Board Consumer Confidence Index The labor market recovery has led to a steady increase in consumer confidence. Index Points 160 140 20 113.7 91.5 Conference Board Consumer Confidence G4 —« Historical Average Post-Global Financial Crisis Average 0 = 1...
Asian equities (ex-Japan) MSCI Asia ex-Japan (27 June): 469 (last month: 466) UBS View MSCI Asia ex-Japan (6-month target): 515 ¢ The region continued to show high volatility last month, with its P/BV temporarily close to 2008 lows. ¢ Hong Kong and Singapore markets’ domestic fu...
Cheapest tail-risk Hedges Adarsh Sinha Ralph Axel Merrill Lynch (Hong Kong) MLPF&S [email protected] [email protected] Gabriele Foa Tony Morriss MLI (UK) Merrill Lynch (Australia) [email protected] [email protected] Shuichi Ohsaki Merrill Lynch (Japan) shuichi.o...
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From: LHS________________________________ Sent: 11/21/2018 10:29:49 PM To: Jeffrey Epstein [[email protected]] CC: lhsoffice Subject: Fwd: China's dangerous test Importance: High See story on Chinese economists Sent from my iPad Please direct all scheduling inquiries to my of...
…epartment of Public Diplomacy (1h3e#82334943e 51), which primarily oversees the MFA Spokesman’s Office in Beijing, international media outreach, and China’s embassy spokesmen abroad; international visitor programs; and “exchange” organizations, such as the Chinese People’s Instit...
see threats everywhere and overreact in ways that both undermine our own principles and unnecessarily damage the US-China relationship. The sections that follow lodge recommendations under three broad headings. The first two, promoting “transparency” and “integrity,” are hardly...
How did they get by? They used the easy credit of the banking system, thereby feeding the frenzy that ended in bad loans and meltdown. Keating's book has an abiding message for Australia: in the transformed world we "will find ourselves increasingly on our own" having to master...
…loyalty can have the untoward effect of calling into question their devotion to their own home nations. Under both the Nationalist and Communist parties, overseas Chinese have played an important role in modern Chinese politics as well as in China’s relations with the outside wo...