Free Trial

Trade disputes between China and the....>

CHINA PRESS
CHINA PRESS: Trade disputes between China and the U.S. may affect the financial
sector as the U.S. could use foreign exchange tools or financial sanctions,
cautioned Economic Information Daily, a newspaper under the official Xinhua News
Agency, on Tuesday.
  - China needs to prepare for such risks and also continue its efforts to
forestall systematic financial risks; 
  - China still has room to add another USD100 billion in tariffs to U.S.
products; and future trade conflicts could extend to service and technology
sectors as well as American companies' investments in China; 
  - China should continue its opening up and financial reform, while at the same
time advancing the internationalization of the yuan.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.