China’s trade talks against us as a bench

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China’s exports to the United States have been preparing to meet in London for trading talks on Monday, which stresses the most from the start of shares for Beijing, since the beginning of the Covid-19 pandemology.

US dollar, 34 percent fell 34 percent compared to US dollar terms, the biggest fall since February 2020, the largest fall from April 21 to 21 percent.

Trade became an important growth driver for China in the background of a property slowing back. Total exports increased by 4.8 percent during the year.

Data affects exports Trade tension between the two largest economies in the world.

The expected London talks, the US President is watching the phone call between Donald Trump and Chinese counterpart Xi Jinping. The parties agreed up to May 12 90-day reconciliationRare land remains fragile in a row with slow confirmation.

“Most likely, May the information continue to withdraw with a peak tariff period,” he said. “We expect the export increase in the United States to be restored in the coming months.”

On Monday, the data in May, China’s consumer prices decreased for the fourth straight month, and the manufacturer prices fell in the fastest pace in about two years.

In May, the consumer price index fell by 0.1 percent in May. Manufacturer prices reflecting the cost of goods in the plant gate, in July of 2023, 3.3 percent, decline in the decline.

Trade tensions added pressure on pressures that are slowdowning in 2021. Years insistently raised worrying about the growth and deflation periods of consumer confidence and demanded more stimuli than Beijing.

Last month, the People’s Bank of China, last month, was reduced to the main debt ratio as part of a stable comfort to support the apartment sector.

Chinese economist Zichun Huang in the capital’s economy showed tariffs weighing trade information in total exports.

“Early signs have recently recovered from the demand for Chinese goods, the Geneva peace, which should alleviate the exports in the near future,” he said. “However, this seems impossible for the fact that the tariffs will be reduced and still there is still a risk

The song in the ING said, “It is difficult to imagine an important Uptick” in CPI, because “the indoor consumption of consumption remains soft and tariffs can cause further deflation pressure.”