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Added on the 27/06/2019 08:37:47 - Copyright : Wochit
Stocks closed in the red on Tuesday after a choppy session. Lower oil prices pressured energy shares, and weak Chinese trade data reignited fears of a global economic slowdown. Bobbi Rebell reports.
A scheme to link two of Asia's biggest stock markets started trade on Monday, with officials raising a toast to what could be a landmark event for the opening of China's capital markets. Tara Joseph reports.
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE
Foreign leaders, including Russian President Vladimir Putin, pose during a family photo ahead of the opening ceremony of the Belt and Road forum in Beijing. IMAGES
The EU trade commissioner Valdis Dombrovskis warned Tuesday that Chinese regulations governing the transfer of data out of the country, including a revised anti-espionage law, could have "unintended consequences". "This may be an issue of systemic concern and it may affect all internationally active companies, not only European companies but also Chinese companies," he said. SOUNDBITE
US Treasury Secretary Janet Yellen arrived in Beijing on Thursday, kicking off a visit aimed at improving communication and stabilising the tense relationship between the world's two largest economies. IMAGES
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