Tariffs
US jeopardising Chinese trade talks?
September 17, 2018
With the news that President Donald Trump has advised aides to go ahead with additional tariffs on Chinese products, the possibility of a trade war truce suddenly seems more remote. As Bloomberg reports, “the Chinese government is considering declining the offer of talks” due to Trump’s decision to proceed with the tariffs. Subsequently, stocks in […]
US tariffs take a toll on the yuan
August 13, 2018
A former advisor to the People’s Bank of China has been warning that China’s trade war with the US could result in “capital outflows and currency depreciation”, as the South China Morning Post reports. Yu Yongding, who is also a senior researcher with the Chinese Academy of Social Sciences, has said that the Chinese financial […]
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