U.S. IP Claims, South Korean Exports, Canada Inflation: Eco Day

(Bloomberg) -- Welcome to Wednesday, Europe. Here’s the latest news from Bloomberg Economics:

  • The U.S. accused China of continuing a state-backed campaign of intellectual property and technology theft as the world’s two largest economies continue a tit-for-tat tariff war
  • A drop in South Korean exports to China and another weak figure for semiconductor shipments add to concerns over the strength of global trade amid the economic conflict between Washington and Beijing
  • Still, there’s good news hidden in China’s tumbling stock markets and slowing economy
  • India’s central bank is the latest monetary authority caught up in political crosshairs
  • In Japan, the university professor at the center of fresh debate on the Bank of Japan’s monetary policy said scrapping negative interest rates now could support economic growth and prices
  • Meanwhile, the Bank of Canada is preparing the most thorough review of its inflation targeting mandate in three decades
  • Emerging-market central bankers are taking stronger steps to rein in current-account deficits, even though they say the attention the market puts on this metric is all a bit unfair

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