Chinese foreign ministry spokesman Zhao Lijian also described recent media reports of 40 Chinese casualties in the conflict as “fake news”. ( read original story …)
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China says it has agreed with India to take steps to ease border tensions
Risk currencies recover after Navarro walks back China comments
The Australian dollar and other risk-sensitive currencies bounced back from sharp falls on Tuesday after White House trade adviser Peter Navarro said his comments that the trade deal with China was … ( read original…
China’s central bank issues 10 bln yuan of bills in Hong Kong
China’s central bank on Tuesday issued 10 billion yuan (about 1.42 billion U.S. dollars) of six-month renminbi central bank bills in Hong Kong with an interest rate of 2.21 percent. The issuance was … (…
Asian stocks climb after volatile trade on U.S.-China trade confusion
Asian equity markets bounced on Tuesday after U.S. President Donald Trump said the U.S.-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate … ( read original story…
European stocks open higher, brushing off concerns over U.S.-China trade deal and coronavirus
European stocks opened higher Tuesday despite some concerns over the state of the U.S.-China trade deal, and a surge of coronavirus cases in the U.S. and elsewhere. ( read original story …)
Shenzhen tightens supervision at food markets
Due to pandemic risks, Shenzhen has started strengthening its supervision of its market environment, food products and workers in food transportation and marketing from June 13. As of June 16, 472 … ( read original…
EU business body fears China-EU investment deal will not be finished this year
The president of European Union Chamber of Commerce in China said on Tuesday that he doubts the China-EU investment agreement will be finished this year. ( read original story …)
First China, Now India – U.S. Flight Disputes Grow To Air India’s Vande Bharat Repatriation During Covid-19
Domestic U.S. flights may be increasing, but a stronger rebound cannot occur without India and other countries easing restrictions. ( read original story …)
China launches final satellite in Beidou navigation system to rival GPS
The 55 Beidou project satellites will try to emulate American navigation tool known as GPS … ( read original story …)
China’s central bank injects 200 bln yuan into market Tuesday
China’s central bank on Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. With no reverse repos maturing Tuesday, the People’s Bank of China injected a total of 200 … (…
Trump Official Says US-China Trade Deal Is ‘Over’ Then Backtracks On Statements
Peter Navarro announced the demise of Trump’s much-touted phase one deal with China only to walk back on his statement and say he was misquoted. ( read original story …)
U.S. Trade Adviser Navarro Backtracks After Calling China Trade Deal ‘Over’
“My comments have been taken wildly out of context,” Navarro said. “They had nothing at all to do with the Phase I trade deal.” … ( read original story …)
US meat industry puzzled by China’s import ban for 1 plant
China’s decision to ban imports from a single Tyson Foods poultry plant where there was a coronavirus outbreak has raised concerns about the implications on the U.S. meat industry if the action is exp ……
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