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Chinese consumer prices continue to fall as US trade talks loom
Chinese consumer prices continue to fall as US trade talks loom
Economy
by  AFP

Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world's second biggest economy struggles with sluggish spending and global trade turmoil. The China-US talks in London will mark the second round of formal negotiations between the world's two largest economies since Trump launched his global trade blitz in April.

Asian markets rally ahead of latest China-US trade talks
Asian markets rally ahead of latest China-US trade talks
Economy
by  AFP

Stocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data. The talks come days after Trump and Chinese counterpart Xi Jinping held their first publicly announced telephone talks since the US president returned to the White House.

US, China seek to extend trade truce with London talks
US, China seek to extend trade truce with London talks
Economy
by  AFP

After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. His press secretary, Karoline Leavitt, told Fox News on Sunday: "We want China and the United States to continue moving forward with the agreement that was struck in Geneva."