The study came just a week after Chinese President Xi Jinping and US President Donald Trump agreed to resume talks to resolve the trade war and refrain from imposing any further tariffs. Photo: Reuters

China should promote yuan’s globalisation through cooperation not conflict with US dollar, report says

  • Beijing should sign a free-trade deal with Britain as soon as possible and push for better trade and investment cooperation with the EU, Renmin University says
  • Promoting global trade will help stimulate use of yuan around the world, experts say
Topic |   China economy

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The study came just a week after Chinese President Xi Jinping and US President Donald Trump agreed to resume talks to resolve the trade war and refrain from imposing any further tariffs. Photo: Reuters
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The first US Section 301 tariffs on China began on July 6, 2018. Photo: AFP

One year in, US-China trade war is the ‘first sentence of the first chapter’ of a new superpower rivalry

  • Donald Trump and Xi Jinping seem increasingly entrenched in their positions, 12 months into their bitter trade war
  • Experts describe a ‘chaotic’ year, where widespread use of tariffs has opened a Pandora’s box on what was previously out of bounds in global trade
Topic |   US-China trade war

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The first US Section 301 tariffs on China began on July 6, 2018. Photo: AFP
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