US President Donald Trump last met Chinese counterpart Xi Jinping in Argentina in December. Photo: AFP

China signals currency war truce ahead of Xi Jinping’s meeting with Donald Trump at G20 in Japan

  • US president confirms first meeting between the two world leaders since December will take place next week in Osaka
  • The People’s Bank of China will sell 30 billion yuan (US$4.3 billion) worth of short terms bonds in Hong Kong next week to facilitate propping up the yuan
Topic |   Yuan

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US President Donald Trump last met Chinese counterpart Xi Jinping in Argentina in December. Photo: AFP
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.