Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
HONG KONG/WASHINGTON (Reuters Breakingviews) - The Chinese Communist Party’s 19th National Congress kicks off this week. Delegates at the week-long confab will select new leaders, including for key financial and economic posts. But the spotlight will be on Xi and whether he can consolidate his power and extend his reign. Listen to the podcast: https://soundcloud.com/reuters/president-xi-jinpings-moment
HONG KONG The sexual revolution's greatest salesman has put down his smouldering pipe at 91. Hugh Hefner built Playboy magazine's blend of nudity and smarts into a business empire crowned with a bunny-ear logo that is recognised worldwide. But Hefner’s business aged far less gracefully than he did.
HONG KONG (Reuters Breakingviews) - China's central bank has ordered lenders to halt business with North Korean clients, Reuters reports. Tightening Chinese sanctions on the secretive regime are starting to show signs of economic effect, but Kim Jong Un's volley of missiles tests continues. Half-hearted cooperation between presidents Xi Jinping and Donald Trump is no credible deterrent, alas. The risk of real violence, instigated by a weak and reckless U.S. president, is rising.
［香港 １１日 ロイター BREAKINGVIEWS］ - 中国当局は、通貨政策を転換すべきか検討している。人民元のショート・ポジションを長年つぶしてきた結果、元相場を過熱させたのではないかとの懸念を当局者は抱いている。
HONG KONG (Reuters Breakingviews) - China is considering whether to stand its currency policy on its head. After years spent crushing yuan short positions, officials worry they've overheated the currency. But capping this rally will be tricky, diplomatically and economically. Better, perhaps, to let the bulls run a while longer.
HONG KONG (Reuters Breakingviews) - Beijing wants more people to rent. More leases and fewer mortgages could put China’s overheated property sector on a more sustainable footing, plus increase economic efficiency. But the initiative is pitted against social prejudice and commercial interests, and it might entail an economic sting. Officials will struggle to administer this medicine.
HONG KONG Hong Kong needs to find new ways to attract so-called new-economy companies to stay competitive, Charles Li, chief executive of bourse operator Hong Kong Exchanges & Clearing Ltd (HKEX) , told Reuters on Tuesday.
HONG KONG (Reuters Breakingviews) - Samsonite would benefit from seeing a bit more of the world. On Thursday, the world's largest luggage-maker reported flat first-half earnings of $92.7 million, as it digests a big acquisition. Alone among fashion stocks, Samsonite offers a unique pure play on travel. The need is for geographical variation: for all its globe-trotting image, the $5.5 billion company looks over-dependent on American demand.
［香港 ２１日 ロイター BREAKINGVIEWS］ - 中国政府は、国内企業による海外のホテルやスポーツクラブなどの買収のうち、「非合理的」とみなした案件に対して強硬的な態度を取ることを正式に表明した。
HONG KONG (Reuters Breakingviews) - BHP is using a commodity rally to fortify its financial position and placate critics. The Anglo-Australian miner swung to an annual net profit of $5.9 billion - missing forecasts but still improving on last year's $6.4 billion loss. Plans to exit a troubled shale business and hold off on investing in fertiliser mining chime with some demands from Elliott, the activist hedge fund. That compromise, plus a continued focus on financial strength, looks sensible.