JPMorgan reduced its forecast for the chance of a recession this year after the United States and China temporarily lowered the higher tariffs they imposed.
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China-US 90-day tariff truce should be extended, Global Times says
The 90-day tariff truce agreed by the United States and China during trade talks in Switzerland last weekend is too short, China’s state-backed Global Times said on Friday, as envoys from the world’s …
Ex-Goldman banker leads China’s push to revive Hong Kong finance
HONG KONG] The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Read more at The Business Times.
France says talks with China failed to solve Cognac dispute
Talks between China and France on Thursday failed to end a dispute between the two countries over Cognac tariffs, French Finance Minister Eric Lombard said, although he added the door was open for …
China has got lucky with Trump. Can the rest of the world?
Next is the China factor. Third countries have two superpowers to keep happy. On May 14th Chinese officials attacked Britain’s deal with America, alleging that it indirectly targets China. Under the …
Who blinked first? How the U.S. and China broke their trade deadlock
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
China April bank lending tumbles more than expected amid trade war
China’s new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market’s appetite during a typically slow month for loan demand.
China’s New Loans Plunged 61% as Trade War With US Intensified
China’s new loans slumped sharply and credit expanded at a slower pace than expected in April, as escalating trade tensions with the US harmed sentiment.
The China tariff pause has Wall Street scaling back recession calls
Economists believe the US will skirt a recession as lower tariffs than initially announced by the Trump administration are set to handicap consumer spending less than previously feared.
China says to accelerate financial support for sci-tech innovation
China said on Wednesday it would further enhance capital market support for science and technology innovation enterprises and would expand bank credit support for the firms.
Why China’s stock investors are less upbeat than Wall Street’s
The US and China both claimed victory with their 90-day trade war truce this week, but their respective share markets have diverged.
Trump tariffs live updates: US slashes ‘de minimis’ tariff, China lifts Boeing ban amid trade war thaw
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement …
JPMorgan lowers its recession odds as Trump strikes a temporary deal to drop tariffs on China
President Donald Trump’s temporary deal lowering tariffs on China has not only lifted the stock market, it’s also dropped the odds of a recession significantly, according to JPMorgan Chase.
