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Xi announces plan for Chinese economy to counter impact of US trade war
Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products
Xi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.
Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports.
Reeves working ‘flat out’ to get US trade deal
The chancellor is set to meet her US counterpart to make the case for a bilateral trade deal.
Why the Post Office paid £600m to stay shackled to the faulty Horizon system
Not owning crucial code has meant it has been unable to replace the system that led to a scandal.
How the Treasury market got hooked on hedge fund leverage
Recent turbulence was partly the result of trading strategies using derivatives. But the same investors are increasingly important buyers of US government debt