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MORNING SQUAWK
APAC
Tuesday, 24 May 2022
U.S. announces major Asia economic deal in effort to boost profile, counter China
In a move to raise its profile and create a counterbalance to China within Asia, the United States has announced the Indo-Pacific Economic Framework.
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Why China will likely recover more slowly from the latest Covid shock
China's economy won't be snapping back quickly from the latest Covid outbreak, many economists predict. Instead, they expect a slow recovery ahead.
Chinese stocks little changed as investors weigh possible U.S. tariff cut on China goods
Sentiment in U.S. markets appeared to have been boosted by news that U.S. President Joe Biden may be considering cutting tariffs on Chinese goods.
These EV battery stocks will dominate — despite the threat posed by Tesla, Bernstein says
Automakers are increasingly piling into EV battery production, but Bernstein thinks these pure-play battery stocks will continue to dominate.
'The next era of humanity's technological development': U.S. and its Asian allies get serious about semiconductors
The countries have made clear in recent days how much strategic importance they place on semiconductors — including export controls to China.
Today's Guest Highlights on CNBC
All times in SIN/HK
06:40
Om Prakash
The American Chamber of Commerce in Japan (ACCJ), PresidentQuad Update: China Militarization
09:45
Steven Ciobo
Former Australian Trade and Investment Minister
IPEF: What's Next for Australia
12:15
James Crabtree
IISS Asia, Executive Director
Biden in Asia/ Quad/ IPEF
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