Bloomberg Daybreak: Asia Edition
Trump Guilty Verdict, China PMI
May 31, 2024
Legal experts discuss Donald Trump's guilty verdict and potential appeals, focusing on the hush money case and implications for the former president. Senior investment analyst Wendy Chen shares insights on China PMI data and the challenges in China's semiconductor industry.
22:08
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Quick takeaways
- Trump faces guilty verdict on 34 felony counts, appealing based on Cohen's unreliable testimony.
- China PMI data prompts policy reforms for housing market stimulation and focus on technology sectors.
Deep dives
Trump Found Guilty on All Counts
Donald Trump, found guilty on all 34 felony counts, claims to be a political prisoner. During the trial, revelations about the Trump Tower meeting emerged, where allegations of a catch-and-kill scheme were discussed. Trump's lead lawyer aimed at launching an appeal, citing Michael Cohen's testimony as unreliable, but the request was denied.
