Preview: BOJ March Quarter Tankan to Show Major Manufacturers’ Sentiment Posts 1st Drop in 4 Quarters as Suspended Vehicle Output Causes Widespread Downturn
Forecasters see Tankan report showing weaker outlook
Japan March Exports, Imports Slower; Trade Deficit Narrows Further from Record High in January
–Japan Posts 20th Straight Month of Trade Deficit on High Energy Import Costs–Exports to China Mark 4th Straight Y/Y Drop Amid Reopening Since Zero-Covid Policy Lifted in December –Fiscal 2022 Trade Deficit Record High Due to Spike in Energy Prices, Weak Yen By Max Sato (MaceNews) – Japanese export values rose on the year at […]
TRANSCRIPT: President Biden’s Q&A Following His Meeting With China’s President Xi 
(MaceNews) – The following is the White House transcript of President Biden’s news conference following his nearly three-hour meeting Monday with China’s President Xi Jinping: REMARKS BY PRESIDENT BIDENIN A PRESS CONFERENCE Grand Hyatt HotelBali, Indonesia 10:03 P.M. CIT THE PRESIDENT: Welcome to Bali. (Laughs.) Please. Good evening, everyone. Let me start with a few […]
White House Readout of President Biden’s Meeting with China President Xi
(MaceNews) – The following is the White House “readout” of President Biden’s meeting Monday with China’s Pres Xi Jinping in Bali, Indonesia on the sidelines of the pending G20 leaders’ meeting set for Tuesday: President Joseph R. Biden, Jr. met on November 14 with President Xi Jinping of the People’s Republic of China (PRC), in […]
Preview: BOJ June Tankan Sentiment Mixed; Manufacturers Down, Services Up
–Covid Lockdowns in China, High Producer Costs Weigh on Factory Operators –Services Seen Upbeat on Japan’s Eased Covid Rules, Summer Spending Hopes –Business Confidence Projected to Improve in September Amid Uncertainty –Firms, Large and Small, Expected to Revise Up Their Combined FY22 Capex Plans By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan […]
Japan May Exports Post 15th Straight Y/Y Rise on Reopening Demand for Steel, Electronic Parts
–Imports Hit Fresh Record High on High Energy Costs, Leading to 10th Straight Trade Deficit –Exports to China Mark 2nd Straight Y/Y Drop on Covid Lockdowns By Max Sato (MaceNews) – Global reopening demand for iron and steel and semiconductors continued driving Japanese exports to surpass year-earlier levels for the 15th month in a row […]
MaceNewsViews – Commentary: President Biden-President Xi Talked For Nearly Four Hours – Exactly What Happened?
By Eric Ham WASHINGTON (MaceNews) – The long-awaited meeting between leaders of the two largest economies talked for nearly four hours Monday night and some of the exchanges were “incredibly direct.” There were several readouts afterwards by the U.S. side, a brief appearance Tuesday at the Brookings Institution think tank by National Security Adviser Jake […]
White House Transcript of Biden-Xi Backgrounder Briefing
WASHINGTON (MaceNews) – The following is the White House transcript of the late Tuesday background teleconference in which reporters were briefed on the three-hour virtual meeting of Pres Biden and China’s President Xi: Background Press Call by Senior Administration Officials on President Biden’s Virtual Meeting with President Xi of the People’s Republic of China Via […]
FACT SHEET: THE BIDEN-HARRIS ADMINISTRATION’S NEW APPROACH TO THE U.S. – CHINA TRADE RELATIONSHIP
WASHINGTON (MaceNews) – The following is a fact sheet issued by the U.S. Trade Representatives Office and the White House, summarizing the comments by USTR Katherine Tai Monday in an appearance at the Washington think tank CSIS: Joe Biden ran for president on a promise to restore the backbone of this country, the middle class. […]
MaceNewsViews: Commentary – Even With a Prisoner Exchange, China Seen as Heavy-Handed
By Eric Ham WASHNGTON (MaceNews) – Now that China has completed a prisoner exchange with Canada and the United States with high-stakes trade and economic ramifications, its international reputation as heavy-handed and clumsy has not necessarily been improved. Canadians Michael Kovrig and Michael Spavor landed in Calgary, Alberta early Saturday in exchange for Meng Wanzhou, […]