About this episode
A positive start to the week in Asia. Equities move higher as China cuts a key liquidity rate for the first time in more than four years and touts progress in the U.S. trade talks. Washington reportedly prepares to grant Huawei a license extension, but the chairman, Liang Hua, taking the stage at CNBC’s East Tech West conference in Nansha, says any decision will have a limited impact. Elsewhere, violent clashes grip Hong Kong as police and protesters engage in a fierce battle at a university campus, while the high court rules that a ban on face masks is unconstitutional. In corporate news, Saudi Aramco aims for a $1.7tn valuation in its highly anticipated IPO, short of the $2tn goal set by the Kingdom's crown prince. We are also live at the Dubai Airshow which so far has failed to attract the big spenders. The CCO of Airbus tells this channel that Boeing’s troubles with its 737 Max model don't benefit anyone in the aerospace industry. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .