US President Donald Trump (right) shakes hands with Liu He, China's vice-premier, at the White House in Washington on Friday. Trump said he and Chinese President Xi Jinping could sign the partial trade accord as soon as next month. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

How the US-China trade talks ‘love fest’ may hit a snag over currency complexities

  • Trump is selling loved-up negotiations but the trade complexities are unchanged. Beijing is wary of any currency deal reminiscent of the 1985 Plaza Accord while the US has yet to decide if it wants a truly free-floating yuan

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US President Donald Trump (right) shakes hands with Liu He, China's vice-premier, at the White House in Washington on Friday. Trump said he and Chinese President Xi Jinping could sign the partial trade accord as soon as next month. Photo: Bloomberg
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