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BOE'S PILL: UNCERTAINTY ISN'T AN EXCUSE FOR INACTION
2026-05-14
BOE'S PILL: UNCERTAINTY ISN'T AN EXCUSE FOR INACTION
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2026-05-14
US-China / Trade & Diplomacy - Nvidia CEO Jensen Huang to join President Trump’s China visit - sources - Trump on Truth Social: “I will be asking President Xi to ‘open up’ China” - China, U.S. had “candid, in-depth, constructive exchanges” - Chinese
US-China / Trade & Diplomacy - Nvidia CEO Jensen Huang to join President Trump’s China visit - sources - Trump on Truth Social: “I will be asking President Xi to ‘open up’ China” - China, U.S. had “candid, in-depth, constructive exchanges” - Chinese state media - Trump arrives in Beijing - Chinese state media - Trump, Xi to weigh tariff cuts on $30B of imports - sources familiar with Trump administration objectives China / Economy & Corporate - Morgan Stanley raises 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand - China’s State Administration for Market Regulation launches special campaign against unfair market competition from May through December - Tencent Holdings 1Q revenue CNY196.46B vs. CNY180.02B; Q1 attributable net income RMB58.1B - Alibaba Q4 revenue RMB243.38B - Alibaba Cloud Intelligence Group quarterly revenue rises 38% YoY to RMB41.63B Energy / Oil / Middle East - China-flagged crude supertanker makes Hormuz exit attempt - data - IEA cuts global GDP growth assumption to 2.9% from 3% - IEA: OPEC+ spare capacity hit historic low at 170,000 b/d - OPEC says OPEC+ crude output averaged 33.19M bpd in April, down 1.74M bpd from March as Iran war prompted Middle East members to cut output US/Federal Reserve - U.S. Senate votes 54-45 to confirm Kevin Warsh as Federal Reserve chair
2026-05-14
According to preliminary statistics from the People's Bank of China, the outstanding amount of social financing at the end of April 2026 was 456.89 trillion yuan, an increase of 7.8% year-on-year.
According to preliminary statistics from the People's Bank of China, the outstanding amount of social financing at the end of April 2026 was 456.89 trillion yuan, an increase of 7.8% year-on-year.
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