Source: International Business Times
Traders welcomed news of China-US trade talks lined up for the weekend AFP Asian equities rose Wednesday after China and the United States said they would hold trade talks at the weekend, fanning optimism that the superpowers can row back eye-watering tariffs that have heightened recession fears. Beijing's moves to ease some key monetary policy tools to kickstart the world's number two economy boosted hope among investors who have been left punch drunk by Donald Trump's explosive first few months in power. US officials said Washington has been in talks in recent weeks with numerous countries to avoid Trump's sweeping levies, with Japan and South Korea among the first in the queue.
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