The U.S. Treasury’s decision to stop short of branding China a currency manipulator has made it harder for the label to be imposed in the future, International Strategy & Investment Group’s Donald Straszheim said.
The Securities and Exchange Commission’s probe into auditors of China-based companies listed on U.S. share exchanges is a signal for investors to approach these stocks with caution, said International Strategy & Investment Group.
Dec. 5 (Bloomberg) -- Donald Straszheim, senior managing director at International Strategy & Investment Group, talks about the outlook for China's economy, equity market and government. He speaks with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Donald Straszheim, senior managing director for China research at International Strategy & Investment Group, talks with Bloomberg's Kathleen Hays about the outlook for the Chinese economy and monetary policy.
The Federal Reserve released a revision to a Truth in Lending Act rule approved in September, aiming to clarify how lenders are required to disclose changes in interest payments for adjustable-rate mortgages.
China’s stocks rallied, sending the benchmark index to its biggest two-day advance since May, as the prospect the government may relax its policy tightening measures spurred gains for the nation’s banks and property companies.