The move is the first time Beijing has used access to its huge markets as leverage in its campaign to deflect blame for the outbreak.
Rising nationalism and a retreat from global alliances signal a restructuring of the geopolitical order
Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme
The president exuded confidence that the stock markets would hit a new high, denouncing reports about the possibility of a recession as fake news
A new round of US tariffs on Chinese goods is scheduled to take effect on Dec. 15. China wants a halt to new tariffs and an end to existing ones as part of an interim deal to de-escalate the trade war
China's foreign ministry reiterated a threat of retaliation without offering any details
Barclays sees Brent trading near $60 a barrel for two years
More than three-quarters of Chinese consumers surveyed said they'll reconsider buying from American companies during the Singles' Day shopping event on Nov. 1
IMF and World Bank meetings were expected to be dominated by the trade disputes which were triggered by the Trump administration's get-tough policies aimed at lowering America's huge trade deficits
However, there are still significant hurdles in setting up shop in China
Vice Premier Liu He has acted as President Xi Jinping's pointman in the trade talks with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer
Australia ships around a third of its exports to China, mostly commodities such as iron ore and coal that are used by heavy industry and in the building of apartments
Morgan Stanley economists are already warning that American consumers are all that stand in the way of a US contraction
Trade War Set to Help Gym Equipment Maker's Quest for World Dominance
After Sunday's tariff hike, 87% of textiles and clothing from China and 52% of shoes will be subject to import taxes
A fresh set of tariffs are set to be imposed on Chinese products on September 1
Trump can use all the superlatives he wants about the state of the American economy, but this does not prevent the slowdown
Employers early on supported their workers' desire to protest but have started to shift under pressure from Beijing
On Tuesday, Trump responded to complaints about the impact on the United States by telling reporters "somebody had to take China on."
Some economists worry the world has passed 'peak globalisation'. But that could be good for the planet