US trade representative Robert Lighthizer(left) and US Treasury secretary Steven Mnuchin (right) with China's Commerce Minister Zhong Shan during October’s trade talks in Washington. Photo: Bloomberg
US trade representative Robert Lighthizer(left) and US Treasury secretary Steven Mnuchin (right) with China's Commerce Minister Zhong Shan during October’s trade talks in Washington. Photo: Bloomberg

China takes further steps to stabilise yuan to aid trade war deal with US$4.3 billion bill sale in Hong Kong

  • Efforts by China to stabilise the yuan exchange rate may facilitate the signing of a phase one trade deal the United States, analysts say
  • China will sell a total of 30 billion yuan (US$4.3 billion) in yuan-denominated securities in Hong Kong on Thursday

US trade representative Robert Lighthizer(left) and US Treasury secretary Steven Mnuchin (right) with China's Commerce Minister Zhong Shan during October’s trade talks in Washington. Photo: Bloomberg
US trade representative Robert Lighthizer(left) and US Treasury secretary Steven Mnuchin (right) with China's Commerce Minister Zhong Shan during October’s trade talks in Washington. Photo: Bloomberg
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