Kenya: What Can We Learn From the China-U.S. Economic and Trade Meeting in Geneva?

Kenya: What Can We Learn From the China-U.S. Economic and Trade Meeting in Geneva?

At the request of the United States, China and the U.S. held a high-level meeting on economic and trade affairs on May 10 in Geneva, Switzerland. This marked the first face-to-face engagement between the two sides since Washington imposed new tariffs on Chinese goods in April--an action that triggered countermeasures from Beijing.

The case for a stronger Chinese yuan

The uptick in the yuan since Chinese and US trade officials met in Geneva has traders wondering if a currency agreement was struck behind the scenes. Only Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent and their aides know for sure. But the yuan’s recent appreciation flies in the face of an economy […] The post The case for a stronger Chinese yuan appeared first on Asia Times.

Yuan Surges Past 7.17/ Dollar Mark to Hit Six-Month High, Goldman Says Yuan Appreciation Could Boost Stock Market - YT FINANCE

The post Yuan Surges Past 7.17/ Dollar Mark to Hit Six-Month High, Goldman Says Yuan Appreciation Could Boost Stock Market appeared first on YT FINANCE.

Goldman Sachs expects stronger yuan to boost Chinese stocks

CHINESE stocks are expected to benefit from further gains in the yuan, which has been showing resilience amid the country’s trade spat with the US, according to strategists at Goldman Sachs.