11th US-China Political Leaders Dialogue kicks off in Beijing – Global Times
|The Chinese news outlet, the Global Times, is out with the latest headlines, citing that “China and the US may be deadlocked in a trade war, but dialogue is ongoing. The 11th US-China Political Leaders Dialogue kicked off in Beijing on Monday. How to defuse trade and political tensions is top of the agenda.”
The market is seeing a return of risk appetite in Asia on expectations of some positive on the US-China trade front, as the Dialogue gets underway. Meanwhile, the PBOC’s attempt to prop up the slowing economy by announcing a minor cut to its seven-day Reverse Repos also offers some support to the Asian equity markets.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.