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Bill Maher Slams US-Born Eileen Gu For Representing A "Totalitarian Police State Over America" At Olympics Authored by Frank Fang via The Epoch Times, Olympic gold medalist Eileen Gu . Lebron James and the NBA. Hollywood stars John Cena and Tom Cruise. Google. HBO host Bill Maher slammed these names during the latest episode of his show, criticizing them for choosing to support the Chinese regime. In a monologue on Real Time with Bill Maher , Maher started by leveling criticism against Gu, a San Francisco Bay Area-born freestyle skier who chose to represent China over the United States in the 2022 Winter Games. So far, Gu has refused to comment whether she had given up her U.S. citizenship to be on the Chinese national team. Is that cool now, to choose to represent a totalitarian police state over America? Maher asked. And by choosing Team China, Eileen Gu became a living symbol of Chinas triumph over the West, which wouldnt bother me so much if I thought China had triumphed over us in the ways that really matter.

In recent trade today, the Peoples Bank of China (PBOC) set the yuan (CNY) at the strongest level since Jan. 26, at 6.3313 vs. last close 6.3271 and

In recent trade today, the Peoples Bank of China (PBOC) set the yuan (CNY) at 6.3487 vs. the estimated 6.3448, About the fix China maintains strict c

The Peoples Bank of China (PBOC) set the USD/CNY reference rate at 6.3487 on Tuesday when compared to the previous fix and the previous close at 6.34

China’s banks face rising default risks as a result of higher climate-related costs in carbon-intensive sectors like thermal power, steel and cement, Liu Guiping, vice governor of the central bank, said in comments published on Friday.The People’s Bank of China completed the first phase of its climate risk stress tests at 23 major banks last year, focusing on the possibility that the three sectors would be forced to pay for their carbon emissions, Liu wrote in the bank’s China Finance…

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3343 on Friday when compared to the previous fix and the previous close at 6.332

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3321 vs. the estimate at 6.3371 and the last close of 6.3366. About t

Since December, the Chinese central bank has introduced a slew of policy-easing measures. Following a cut to the reserve requirement ratio in early December, the People’s Bank of China (PBOC) twice lowered the one-year loan prime rate, the benchmark lending rate, in December and January respectively.However, there has been little positive response from the stock market to the monetary policy easing; in the year to date, the benchmark CSI 300 index has lost more than 7 per cent.Such weak market…

BEIJING, China – China’s factory-gate inflation eased to its slowest pace in six months and consumer price growth also softened in January amid weakening property sector demand, new coronavirus curbs, and government efforts to rein in surging materials costs. The producer price index (PPI) increased 9.1% from a year ago, the National Bureau of Statistics (NBS) said in a statement on Wednesday, February 16, slower than the 9.5% growth tipped by a Reuters poll and a 10.3% gain in December. It was the weakest pace since July. While producer prices in the world’s second largest economy remain elevated thanks to critical supply issues at home and abroad, China’s relatively benign consumer inflation contrasts with cost pressures seen in most other economies. Analysts believe cooling inflation could provide room for the People’s Bank of China (PBOC) to ease policy to support the slowing economy, even as major central banks elsewhere tighten policy. “Inflation concerns are unlikely to hold back the [People’s Bank of China] from more policy loosening measures,” said Sheana Yue, China economist at Capital Economics.

Strategists at UOB Group’s Global Economics & Markets Research review the latest decision by the PBoC. Key Takeaways “The People’s Bank of China (PBOC

Increasingly divergent monetary policies between China and the United States would help rein in an excessive rise in the yuan by reducing foreign money inflows, a former Chinese foreign exchange regulator said on Wednesday.The US Federal Reserve is widely expected to accelerate monetary tightening to tame inflation this year, while the People’s Bank of China needs to use monetary policy tools to stabilise growth.“Therefore Sino-US monetary policy divergence will likely become greater,” Guan Tao…

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3463 vs. estimate at 6.3492 and last close of 6.3388. About the fix C

With inflation fears and geopolitical tensions contributing to a worrisome dynamic, you might want to avoid these stocks to sell. The post 7 Stocks to Sell as Global Tensions Rise appeared first on In

As the Federal Reserve agonises about how far and how fast to raise interest rates to combat spiking US inflation, the People’s Bank of China is more likely to ease policy as it seeks to support Chinese economic growth. The contrast in priorities is obvious, the implications for markets less so.In the United States, the pressure is on the Fed to act in the face of rising prices. The US consumer price index hit 7.5 per cent year on year in January, its highest annualised increase since February…

PBOC pumps in more liquidity, spurring gains in Chinese stocks. The People’s Bank of China injected a net $15.7bn into the banking system w/its medium-term lending facility, while leaving borrowing rate unchanged. Tech Index Chinext up >3%. h/t Holger Zschaepitz Our Twitter for Quick Updates: Twitter Follow Us