December 18, 2020
7 COMMENT: Ban on China components in US utilities
01 Top Story Ratings firms under scrutiny
02 US sanctions row
Order restricting flows to certain companies delayed as Treasury officials are reportedly at loggerheads with other departments over whether subsidiaries should be included.
03 ATF TV EM Investing during the pandemic
Emerging markets look attractive in a low-yield environment, investors need to select carefully, BNY Mellon’s Lale Akoner tells ATF TV.
04 Asia Markets
Nikkei 225 falls 0.2% to 26,763.39; Hang Seng Index slides 0.7% to 26,498.60; CSI300 drops 0.3% 3,394.9.
05 China 'bad bank' move
Chinese banks are braced for rising levels of non-performing loans (NPLs) as policies introduced by Beijing this year to help borrowers through the coronavirus crisis expire.
06 Nio bigger than Ford
Xpeng is also close to the value of Ford, but Biden administration is expected to try to boost US production.
07 Comment
"Procuring from the People’s Republic of China ... poses an undue risk to the BPS, the security or resilience of critical infrastructure, the economy, national security, or safety and security of Americans."
US Energy Secretary Dan Brouillette on the decision to ban use of China-made components in domestic utilities
08 The ATF Big Picture
