News Snapshot:
China policy and markets round-up: Fiscal revenue returns to growth, Sweden bans Huawei, S&P expands to exchange bond market By Addison Gong 08.30 AM In this round-up, China’s fiscal revenue growth turns positive in the third quarter, Sweden becomes the latest to ban Huawei Technologies from its 5G plan, and S&P Global Ratings’ onshore unit secures a licence to rate domestic bonds in the exchange market. China’s GDP will likely grow around 2% in 2020, Yi Gang, governor of the People’s Bank of China (PBoC), said at the G30’s annual International Banking Seminar held last Sunday. * China’s fiscal revenues...
