You are here: Home » Reuters » News
Business Standard

China shares gain, yuan up on Sino-U.S. trade war pause

Reuters  |  SHANGHAI/HONG KONG 

By Andrew Galbraith and Noah SinSHANGHAI/HONG KONG (Reuters) - Chinese shares, commodities and the yuan currency jumped on Monday after Chinese and U.S. leaders agreed to a temporary truce in their bitter trade war, but the longer-term outlook for trade relations remains murky.The deal between Presidents Donald Trump and Xi Jinping postponed the most pressing threat to the global and Chinese economies - a sharp hike in U.S. tariffs that had been slated for Jan. 1.But analysts cautioned it has only bought a bit more time for wrangling over deeply divisive trade and policy differences, and said ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, December 03 2018. 13:32 IST
RECOMMENDED FOR YOU