China May Raise Interest Rates in 4th Quarter
June 3 (Bloomberg) -- Hu Yifan, chief economist at Haitong Securities Co. in Hong Kong, talks about the outlook for China's economy, fiscal and monetary policies. China’s manufacturing unexpectedly accelerated in May. The Purchasing Managers’ Index rose to 50.8 from 50.6 in April, the National Bureau of Statistics and China Federation of Logistics and Purchasing said. Hu speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
25:00 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)