WASHINGTON (Reuters) – Contradictory talks by Trump administration officials about the “decoupling” of the US economy from China are becoming a challenging reality: Chinese imports of US goods are increasing, investments by US companies in China continues and markets are wary of separating the world’s largest economies. FILE PHOTO: Chinese …
Read More »Asia stocks peak four months in stubborn optimism
SYDNEY (Reuters) – Asian stocks rose to a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases seemed to accelerate to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Asian actions under pressure after a peak in coronavirus cases
NEW YORK (Reuters) – Asian stocks were expected to be under pressure on Wednesday, as a surge in new coronavirus infections weighed on sentiment, though U.S. assurances that China’s trade deal was intact and Optimistic economic data provided some reasons for optimism. FILE PHOTO: A man wearing a protective face …
Read More »China-India border clash fuels contrasting domestic responses
BEIJING / NEW DELHI (Reuters) – The skirmish between Chinese and Indian troops over a long-disputed border this month is being treated in New Delhi as the country’s worst diplomatic crisis in decades, even when it is downplayed by Beijing. FILE PHOTO: Protesters burn Chinese-made products and a disfigured poster …
Read More »China has resumed its “game” in trade with the United States, says Trump adviser
WASHINGTON (Reuters) – The U.S. trade deal with China is not only completely intact, but Beijing has taken a constructive step forward in several areas, a senior White House adviser said Tuesday. FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks in the Roosevelt Room of the White …
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