Quotes from the news wire:
Any move to de-escalate is always good. Especially, when the market is overwhelmed by the news about virus, good news about tariff is refreshing, the announcement shows China's commitment to implement the phase one trade deal despite the disruptions from the recent virus outbreak.
Found on Reuters 4 years ago
The announcement shows China's commitment to implement the phase one trade deal despite the disruptions from the recent virus outbreak.
Found on Reuters 4 years ago
If there is any surprise from the Phase 1 deal ... that may actually cause some kind of volatility, people are really focused on whether China is really committed to purchase additional $200 billion in goods and services from the U.S. over the next two years ... there's not much commitment from China yet.
Found on Reuters 4 years ago
We think China is unlikely to engineer 25% depreciation to counter the impact of tariff as the cost of capital outflows amid the shrinking current account surplus may outweigh the benefit of supporting export, the pressure on RMB depreciation may depend on three near-term factors including the size of China's retaliation package, U.S.'s plan to impose tariff on the remaining $325 billion products and market's assessment on whether the setback is temporary or not.
Found on Reuters 5 years ago
There is no urgency for China to maintain its favorable yield differential against the United States as capital outflow and currency stability is no longer the key concern for China at the moment, with U.S.-China trade war looming, a slightly weaker yuan may be in China's favor.
Found on Reuters 6 years ago
There is no urgency for China to maintain its favourable yield differential against the United States as capital outflow and currency stability is no longer the key concern for China at the moment, with U.S.-China trade war looming, a slightly weaker yuan may be in China's favour.
Found on Reuters 6 years ago
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