Trump vs Trade Czar, Xi's Lending Hurdle, Brexit Angst: Eco Day
(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to get your day started:
- President Donald Trump and his top trade negotiator, Robert Lighthizer, have grown increasingly frustrated with each other as a China trade deal stays elusive
- Meantime, the U.S. and China are said to be still haggling over how to enforce a proposed currency deal that would ensure Beijing lives up to its promise to not depreciate the yuan
- China’s drive to funnel more credit to private companies is set to hit resistance from banks controlled by local governments; and when it comes to deleveraging, how much pain can policy makers stomach?
- The Philippine president will soon need to choose a new central bank governor following the death of Nestor Espenilla. Here are the potential candidates
- European Central Bank officials poised to debate the need for new long-term loans for banks might have even bigger thinking to do
- Why the death of Honda’s U.K. hub sums up Britain’s Brexit-era angst
- It’s rate decision day in Israel. Here’s what to expect
- Read our preview of the key economic events this week
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