In response to questions about the possibility of renewed negotiations between China and the US, President Trump identified rare earths, fentanyl, and soybeans as key concerns. Chinese Foreign Ministry spokesperson Guo Jiakun reiterated that China’s stance on trade issues is clear: “Tariff wars and trade wars do not benefit either side. Both parties should resolve…
When the United States demanded that China and India stop buying Russian oil, it likely didn’t anticipate triggering a geopolitical alignment between two long-time rivals. But that’s what’s unfolding. While far from coordinated, and certainly not allies, Beijing and New Delhi are responding in strikingly similar fashion: with defiance. Facing mounting pressure from the Trump…
Global shares traded on mixed cues on Tuesday as investors focused on high-stakes trade negotiations between the US and China, while awaiting key economic data and central bank decisions later this week.France’s CAC 40 rose 1.1% to 7,887.57, Germany’s DAX advanced 1% to 24,191.38, and the UK’s FTSE 100 was up 0.3% in early trade….
Hong Kong stocks fell on Tuesday after notching the biggest gain in two months a day earlier, as traders digested the apparent breakthrough in the China-US trade talks. The Hang Seng Index dropped 1.7 per cent to 23,156.89 at the noon break, giving up some of Monday’s 3 per cent gain. The Hang Seng Tech…
Hong Kong’s Hang Seng index jumped 3% on Monday after news of “substantial progress” in trade talks between China and the US lifted investor sentiment.Stock markets worldwide surged as the two nations held trade talks in Geneva, announcing agreed to reduce their retaliatory tariffs significantly for 90 days.The two nations slashed their tit-for-tat tariffs, boosting…
Asian and European markets mostly rose Thursday ahead of weekend tariff talks between China and the United States, with London boosted by reports that a “major trade deal” flagged by Donald Trump was with Britain.After the fireworks sparked by the US president’s “Liberation Day” on April 2, markets have enjoyed a period of calm in…
China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing,…