• Trump's trade tweets not only threatened Asian markets this week but invited China to come save the day with a surprising and unorthodox message of trust

    7 days ago - By Chron

    SAUL LOEB/AFP/Getty Images
    China's reticent Ministry of Commerce intervened in declining Asian markets Wednesday, with a surprise message of trust, during the increasingly opaque trade war truce supposedly delivered at the G20 leaders summit in Argentina.
    That stands in pretty stark contrast to the volley of Tuesday tweets from President Donald Trump that smacked Wall Street and sapped confidence in the US-China trade deal.
    But just as Asian markets began to retreat due to Trump's tweets and Beijing's silence, MOFCOM released an unconventional statement essentially stating its confidence...
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  • Trump welcomes optimistic China trade statement as negotiation details remain vague

    7 days ago - By Washington Post

    The words of confidence from the Commerce Ministry seemed to slightly steady the otherwise turbulent Chinese stock markets, sparing them the deep plunges that rattled Wall Street.
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