In the night to today, the day on which the Chinese delegation arrives in Washington, the headline events, and with them the quotations in Asian trade, rolled over. First, the announcement by the Hong Kong “South China Morning Post” that practically no progress had been made in the preparatory talks. Liu He should leave again on Thursday, according to the US channel Fox. But then again optimistic headlines, which almost equalize the strong sell-off of US futures. The USA wanted a foreign exchange deal with China, in addition some US companies were allowed to do business with Huawei. So everything is still open. Trading in Europe and the USA is also likely to be dominated by the headlines in the trade war today.
Last night Beijing released the worst GDP figures since the start of recording data since (1992), but consumption and industrial production nevertheless show an upward trend after the massive stimulus measures. Are the economic figures […]
A poisoned optimistic message from China to Trump – interim deal possible if USA renounces all core demands… Tomorrow a low-level delegation from China will travel to Washington to prepare Liu He’s visit to the […]
According to the Commerce Ministry, China hopes for an end of the trade war. The talks with the USA have been “constructive” so far. The existing tariffs are to be abolished. They hope that a […]