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Can Presidents Block Investment in China? (Council on Foreign Relations, 4 min read). Apparently Trump could use International Emergency Economic Powers Act of 1977 (IEEPA) to prevent US companies from making future investments in China. He could also use it to make it harder to continue to do business in China.
China to Take Targeted Measures for Steady Economic Growth (State Council, 2 min read) Official announcement that RRR cuts are their way. Credit has been surprisingly lacking this year, so this could provide a boost. Bullish for risk markets.
The Background to HK Turmoil (Xinhua, 4 min read). The op-ed was written in Chinese and argues that unrest in HK was caused by the increase living expenses for HK residents, the inability to afford housing, lack of upward mobility and the inability of the local government to respond to requests from the public.
Hong Kong Leader Carrie Lam to Withdraw Extradition Bill That Sparked Protests (WSJ, 5 min read) Withdrawing the bill no longer the top priority among the “five demands” from the Hong Kong protesters – the top one is holding to account the police officers attacking protesters. Doubt this will ever happen!