Tag Archives: China

US and China are considering rescheduling the phase one trade deal review, earlier planned last weekend, reported Bloomberg, citing a person familiar with the matter. The source said that the review will take place soon, although no date has been set so far. Talks between the US and China continue …

US President Donald Trump said on Tuesday that he has postponed trade talks with China, adding that he does not want to talk to China at this time. Asked if he would withdraw from the trade deal with China, Trump said he would look into the matter. On Saturday, representatives …

The Chinese state media reported on Monday, citing a statement from China’s cabinet saying that China will not resort to flood-like stimulus, adding that they will keep liquidity reasonably ample. This comes after the PBOC injected liquidity into the system, offering 700bn yuan in a medium term lending facility earlier …

US Commerce Secretary Wilbur Ross told Fox Business Network on Monday that China has been buying large amounts of US agricultural products. Other comments: “China-US trade talks continue at various levels.” “The US is eager for China to continue buying American farm products.” “Trump is looking to close loopholes to …

The People’s Bank of China (PBOC) injected CNY700 billion via one-year medium-term lending (MLF) facility on Monday. The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fourth straight month. USD/CNY is under pressure, looking to extend …

American and Chinese importers and dealers told Reuters that crude oil shipments from the United States to China will rise dramatically in the coming weeks, as the two largest economies in the world prepare to review an agreement signed in January after a long trade war. They said that Chinese …

The review of trade deal between the United States and China, which was scheduled to take place on Saturday, has been delayed, Reuters first reported. However, the new date for the review has not been announced yet. U.S. Trade Representative Robert Lighthizer recently expressed satisfaction regarding the trade agreement between …

Retail sales in China fell in July, disappointing expectations for a moderate increase, as consumers in the world’s second-largest economy failed to unleash caution about the Coronavirus, while the factory sector’s recovery struggled to increase its pace. Asian markets fell today after a disappointing set of economic indicators, which raises …

The Trump administration is satisfied with the progress made in applying the first phase of the trade deal between the United States and China, according to White House economic adviser Larry Kudlow. Kudlow, the Director of the National Economic Council, told Fox News on Thursday that the U.S. Trade Representative, …

Car sales in China jumped 16.4% in July compared to last year, the fourth consecutive month of gains as the world’s largest auto market retreated from its lowest levels during the country’s lockdown due to the Coronavirus. Data from the wholesale sales released by the Chinese Association of Automobile Manufacturers …