The latest trade talks between China and the US wound up close to midnight on Tuesday, with both sides making some concessions
Greater China
Negotiations in London continued late into Tuesday evening, in what one observer says is a positive sign that nitty-gritty details were being hammered out
Freight fees have soared following China and the US’ tariff truce last month, reigniting trade between the two countries
In a bid to ease trade and geopolitical tensions, the two leaders spoke directly on Thursday, for the first time since the US President took office in January
Its latest Economic Outlook also downgraded predictions for the world economy, which it said had shifted onto an ‘uncertain path’
The behaviour of China’s carmakers has been described as ‘dragging the entire industry into a downward spiral’
China’s manufacturing index has contracted for the second consecutive month, though the decline is coming at a slower pace
Tuesday’s meeting aimed to increase Sino-European cooperation across the global semiconductor supply chain as the US ramped up its tech curbs on China
US Secretary of State Marco Rubio vowed to home in on students with purported ‘connections to the Chinese Communist Party or studying in critical fields’