China’s central bank has said it is ready to address all market contingencies in an upbeat assessment following the raising of US tariffs on Chinese goods. Photo: Xinhua

China central bank says no need for easing after tariff hike

  • People’s Bank of China says Chinese economic fundamentals ‘remain solid’
  • Ready to ‘fine-tune’ monetary policy in response to changes in economic and financial data
Topic |   China economy

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China’s central bank has said it is ready to address all market contingencies in an upbeat assessment following the raising of US tariffs on Chinese goods. Photo: Xinhua
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Chinese Vice-Premier Liu He leaves the Office of the United States Trade Representative in Washington on Thursday. Photo: AP

China vows to implement ‘necessary countermeasures’ in response to Donald Trump’s US tariff increase

  • Increase from 10 per cent to 25 per cent on US$200 billion of Chinese goods was threatened by the US president in a tweet on Sunday
  • Vice-Premier Liu He is in Washington for the 11th round of talks, but left a meeting with US Trade Representative Robert Lighthizer after less than 90 minutes
Topic |   US-China trade war

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Chinese Vice-Premier Liu He leaves the Office of the United States Trade Representative in Washington on Thursday. Photo: AP
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