Back

US-China trade talks won’t succeed - SCMP

Following the latest confirmation on the likely US-China trade talks in early October, the South China Morning Post (SCMP) is out with a story, citing that the trade talks will not succeed, in the face of Hong Kong protests and spat over the US-Taiwan arms sales.

Key Quotes:

“Donald Trump can’t take a soft line on China with an upcoming presidential election, and his aggressive tactics will only meet a similar response from Beijing

This is especially so given the protests in Hong Kong and deteriorating cross-strait relations, and after the ‘currency manipulator’ charge angered Beijing’s moderates

Developments over the past few months in Beijing, Washington and Hong Kong should make it clear that the conflict is about much more than just trade, and a couple of days of face-to-face meetings cannot resolve much, if anything.

Washington’s decision to maximise pressure on Beijing will only meet more resistance, leaving the chances of reaching a deal close to nil.”

AUD bullish: Dalian iron-ore rallies 4% on China stimulus hopes

Iron-ore prices traded on the Chinese Dalian Commodity Exchange (DCE) extended its winning streak into a sixth straight day on Thursday, having surged
อ่านเพิ่มเติม Previous

Indonesian Consumer Confidence dips to 123.1 in Aug, Rupiah off highs

The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index extended its rece
อ่านเพิ่มเติม Next