Victoria Ruan
@RuanVictoria
@McLartyAssoc strategic consulting in Washington DC; ex-Reporter @Dowjones @Bloomberg @SCMP in Beijing #HoyaSaxa
At a time when American #TikTokrefugees get united with China’s RedNote users, Shanghai lawmaker Mao Xiangdong proposed resuming Chinese netizens’ free access to the International Internet, saying it’s key to developing AI and creating jobs, and achieving China’s modernization.
China unveiled draft legislation on promoting private economy to solicit public opinion. Will it win the hearts of private entrepreneurs? moj.gov.cn/pub/sfbgw/lfyj…
Hong Kong University of Science and Technology welcomes #Harvard international Students to transfer to their school.
Who was the mind behind this? US, China Fin Mins met in IMF basement for secret talks- needed to happen quietly, avoid intense media attention during IMF meeting, have someone familiar with the basement to lead them into it. A creative episode in US-China trade war.@Dimi
The #Geneva meeting between the US and China largely puts us back to the status of tariffs before the “Liberation Day”. Just thought of a Chinese proverb: 一夜回到解放前 (back to the time before Liberation overnight)
The PBOC, NFRA and CSRC will hold a joint press con at 9am pre-market regarding “a basket of polices to stabilize market expectations”. To hold a press con before market opens shows confidence, and at this stage the market expects nothing but good news, but it’s not yet certain…
Trump administration is reportedly considering slashing China #tariffs. this piece of news seems to coincide with the #G20 Finance Ministers and Central Bank Governors meeting in Washington today and tomorrow, an opportunity for US and Chinese officials to meet and talk about…
China names former ambassador to the WTO Li Chenggang as new vice Commerce Minister and international trade negotiation representative, replacing Wang Shouwen. a signal that China is ready for trade negotiations? Unclear what new position 59-year-old Wang is taking next.
Learning Greek symbols has never been more important for decoding the “logic” behind reciprocal tariffs
This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers. To prove it, he screenshots the formula the USTR…
So many people question how the tariff numbers are calculated.
Paul Krugman on Trump’s tariffs: “It’s not just that he appears to be imposing much higher tariffs than almost anyone expected. He’s also making false claims about our trading partners — not sure in this case whether they’re lies, because he may be truly ignorant — that will…
Really? This is how Trump’s tariff rates are calculated??
Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we…
China’s #NeZha 2 is an incredible success- hitting CNY10B (over $1.4B) box office; projected to reach $2B, which would surpass Inside Out 2 and Lion King etc to become world’s highest grossing animated film of all time…. In Tyson’s AMC today, tickets almost sold out ⬇️
Chinese Foreign Minister Wang Yi used a proverb 好自为之 during his first phone call with new US Secretary of State Marco Rubio, who has remained on China’s sanction list. The 4-character proverb is hard to translate accurately into English as it conveys multiple layers of…
According to Caixin, former PBOC Governor Yi Gang said at the 20th Tokyo-Beijing Forum that economically speaking, sticking to free trade without retaliating is China's best solution to respond to US high tariffs or "small yard, high fence" policies. But politically, not…
“After initial difficulties making contact with the Trump camp, the Chinese side eventually connected with the president-elect through his son-in-law Jared Kushner, a channel that would produce various outcomes.” sc.mp/wtp31?utm_sour… via @scmpnews
China's Foreign Ministry congratulated Trump for his win, even before Harris concedes.
China decided to hold the National People's Congress Standing Committee meeting on Nov 4-8. All eyes on detailed fiscal stimulus package. US elections outcome may affect Beijing's policy deliberation. Interesting timing.
Really nice & balanced, conveying the idea of openness @McDonalds should be proud to have such a great writer.
Hire whoever wrote this as WH communications director
Amid market anxiousness for more certainty of policy outlook, China’s finance ministry stays vague on total amount of fiscal stimulus. Among others, it notes a near-term one-off large debt swap to ease local hidden debt with details to be announced later.
VIEW Investor reactions to briefing from China's finance ministry on stimulus reut.rs/482NV4Q
Wimbledon is replacing line judges with AI technology next year, ending a 147-year tradition. aljazeera.com/sports/2024/10…