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China Has a Valuable Card to Play as It Holds Trade Talks with the US Today
- Top trade officials from the US and China met in London on June 9, 2025, to discuss trade tensions, focusing on rare earth export controls and semiconductor restrictions.
- These talks followed a fragile truce after a recent phone call between Presidents Trump and Xi and a May agreement to roll back tariffs for 90 days.
- Chinese data showed May exports grew 4.8% year-over-year but shipments to the US plunged 34.5%, while consumer prices fell 0.1% year-over-year.
- The producer price index dropped 3.3% in May, imports fell 3.4%, and the trade surplus with the US shrank 41.55% to $18 billion, reflecting economic headwinds.
- These developments indicate ongoing challenges for China’s export-dependent economy amid efforts by both sides to stabilize trade relations and ease tensions.
17 Articles
17 Articles
China has a valuable card to play as it holds trade talks with the US today
By John Liu, CNN Hong Kong (CNN) — A new round of trade negotiations between the United States and China has started in London, with both sides trying to preserve a fragile truce brokered last month. The fresh talks were announced last week after a long-anticipated phone call between US President Donald Trump and Chinese leader Xi Jinping, which appeared to ease tensions that erupted over the past month following a surprise agreement in Geneva. …
Asia markets rise ahead of US-China trade talks;investor assess econom
Asia stock markets rise on Monday as investors assessed potential easing of US-China trade tensions and the latest economic data. Market participants also turned their attention to upcoming US-China trade talks, senior officials from the U.S. and China
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