With yuan at 11-year low, China makes room for talks with US

After Chinese yuan slumped to a fresh 11-year low against the US dollar, China on Monday said that it opposes a trade escalation with the US and is ready to engage in a dialogue.

Global growth weakens as trade tensions rise: World Bank

“In particular, global trade growth in 2019 has been revised down a full percentage point, to 2.6 per cent–slightly below the pace observed during the 2015-16 trade slowdown, and the weakest since the global financial crisis.”

US ‘disappointed’ as China releases ‘white paper’ on unfair trade policies

Washington is disappointed with China for issuing “White Paper” yesterday and recent public statements to pursue a blame game misrepresenting the nature and history of trade negotiations between the two countries.