China’s exports to the United States fell by 6.5 per cent last month. Photo: Bloomberg

China’s US trade slumps again, but exports rise due to higher demand from Asian neighbours

  • China’s unexpected rise in exports in July was driven by trade with the likes of Taiwan, Singapore and South Korea to offset drop in sales to the United States
  • US-China trade is tipped to continue to fall, with yuan devaluation unlikely to offset tariff effects, analysts said
Topic |   US-China trade war

TOP PICKS

China’s exports to the United States fell by 6.5 per cent last month. Photo: Bloomberg
READ FULL ARTICLE
Trade negotiators from the United States and China before the start of talks at the Xijiao Conference Centre in Shanghai on Wednesday, July 31, 2019. Photo: AP

China keeps door open to September talks in Washington, despite trade war escalation

  • Wei Jianguo, a former vice-minister of commerce, says the meeting is likely to happen as planned
  • Source briefed by the US government said video conferences are planned to lay the groundwork for the next round of face-to-face talks
Topic |   US-China trade war

TOP PICKS

Trade negotiators from the United States and China before the start of talks at the Xijiao Conference Centre in Shanghai on Wednesday, July 31, 2019. Photo: AP
READ FULL ARTICLE