The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group, on August. 7, 2019. Photo: Bloomberg

Is Donald Trump’s trade war making China change?

  • 40 per cent of European companies say China has improved market access
  • US companies say China’s efforts on intellectual property protection have not gone far enough
Topic |   US-China trade war

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The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group, on August. 7, 2019. Photo: Bloomberg
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The yuan has dropped about 4 per cent against the US dollar so far this month. Photo: AFP

China could depreciate yuan further if trade war escalates, IMF says, rebuking currency manipulator charge

  • International Monetary Fund says the recent Chinese yuan weakening, which sparked currency war concerns, is in line with market ‘fundamentals’
  • IMF shuns thorny question over whether China is a ‘currency manipulator’ as alleged by US President Donald Trump in annual review
Topic |   US-China trade war

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The yuan has dropped about 4 per cent against the US dollar so far this month. Photo: AFP
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