News Headline Summary
US defence bill hurts China-US relations, according to People's Daily
Analysis details (23:38)
- Last Thursday, the US House of Representatives passed the Defence Authorisation Act of 2013, and the Senate is expected to pass the Pentagon budget on Friday.
- The budget contains two controversial sections relating to China. The two clauses are both written as "sense of Congress," which means they have no binding power over the president.
23 Dec 2012 - 23:36
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts