MNI China Daily Summary: Friday, January 20

(RPT)INTERVIEW:Minneapolis Fed's Raffo Upbeat On Prices,Growth

MNI BRIEF: UK Retail Sales Slow In Dec As Consumer Retrenches

Core PPI Down Largely on Energy Base Effects

Retail sales disappoint - GBPUSD marginally lower

MNI: GERMANY DEC PPI -0.4% M/M (FCST -1.2%); NOV -3.9% M/M

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

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MNI China Daily Summary: Friday, January 20

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MNI BRIEF: China's MOFCOM Says U.S. Shouldn't Weaponise Trade

MNI (BEIJING)
MNI (Beijing)
USDataPolicy NewsAPACChinaBriefStoryRegion

The US should immediately lift its ban on Chinese communication equipment and stop "weaponising" trade, a MOFCOM spokesperson said during a press conference on Thursday.

The spokesperson said the U.S. Federal Trade Commission's ban on the sale and import of new communications equipment from Huawei and four other Chinese companies was also damaging for American consumers.

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The US should immediately lift its ban on Chinese communication equipment and stop "weaponising" trade, a MOFCOM spokesperson said during a press conference on Thursday.

The spokesperson said the U.S. Federal Trade Commission's ban on the sale and import of new communications equipment from Huawei and four other Chinese companies was also damaging for American consumers.

Keep reading...Show less