FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Misuse of government property by Royal Colombo Golf Club
by ChooBoy Today at 12:52 pm

» SL Cauvery and Mannar Basins Petroleum Resource Data Revealed
by samaritan Today at 12:00 pm

» Expolanka to continue its winning streak
by samaritan Today at 10:39 am

» Container shipping stocks routed
by target1 Yesterday at 1:32 pm

» Supply Chain Latest: Ocean Freight Rates Are Falling
by target1 Yesterday at 1:26 pm

» Turkish ship leaves Ukraine's Mariupol after grain talks with Moscow
by target1 Yesterday at 11:29 am

» This week's CBOT corn, soy freefalls hard to match in recent years
by target1 Yesterday at 9:57 am

» Positive news to boost market sentiment
by samaritan Yesterday at 9:52 am

» Maharaja at IMF meeting
by Maharaja Thu Jun 23, 2022 10:35 pm

» Why no power cuts in certain areas of Colombo?
by samaritan Thu Jun 23, 2022 5:44 pm

» India assures fullest support to Sri Lanka as a close friend
by samaritan Thu Jun 23, 2022 5:17 pm

» SINS, SAMP, COMB, PARQ, ALUMEX and AEL - are they good shares to start collecting now?
by surfjj Thu Jun 23, 2022 4:25 pm

» Learn how a fixed exchange rate system can be used to reduce inflation.
by target1 Thu Jun 23, 2022 3:35 pm

» Debt Crisis: Sri Lanka Vs Argentine
by CHRONICLE™ Thu Jun 23, 2022 8:17 am

» Sri Lanka in state of panic 1 month after sovereign default
by reyaz Tue Jun 21, 2022 5:23 pm

» Financial stability - we are at the crossroads.
by sheildskye Tue Jun 21, 2022 2:17 pm

» Shrinkflation: Is it ethical?
by sheildskye Tue Jun 21, 2022 2:05 pm

» Banking bullish billionaire Ishara expands footprint
by samaritan Tue Jun 21, 2022 10:58 am

» SL hopes to finalize a staff level program with IMF soon-RW
by samaritan Tue Jun 21, 2022 9:48 am

» Sri Lanka Stock Market heading toward ASPI 4500
by samaritan Tue Jun 21, 2022 9:29 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Stocks rose across Asian Markets after China & US agree to push forward trade, investment ties

Stocks rose across Asian Markets after China & US agree to push forward trade, investment ties

Go down  Message [Page 1 of 1]

samaritan

avatar
Moderator
Moderator

Stocks rose across Asian Markets after China & US agree to push forward trade, investment ties Flag

The Chinese and US commerce ministers agreed to push forward trade and investment links in their first call since the start of the Joe Biden administration.
Chinese Commerce Minister Wang Wentao and his counterpart Gina Raimondo “agreed to promote the healthy development of pragmatic cooperation in trade and investment”, in a phone call yesterday. The two “exchanged views frankly and pragmatically on relevant issues and mutual concerns”, according to a Chinese government statement.
The two nations are slowly resuming official contact after the January change of administration in the United States. Some parts of US policy towards China are becoming clearer, but it’s still not publicly clear what the US plans to do with the ‘Phase One’ trade deal signed last year or tariffs on Chinese goods.
The call was the third between senior officials in recent weeks, after Vice-Premier Liu He spoke with US Trade Representative Katherine Tai and Treasury Secretary Janet Yellen. The US Commerce Department did not respond to a request for more details on the call.
Stocks rose across Asian markets and the region’s currencies posted modest gains versus the dollar after the news. The CSI 300 Index gained about 1.1 per cent in the morning trading session.
China last week stated that normal communications between the two countries have started, according to Commerce Ministry Spokesman Gao Feng. The two sides have agreed to pragmatically solve some issues for producers and consumers, and promote healthy, stable economic and trade ties, he said.
However, US statements on the relationship with China aren’t so positive.
The trade relationship with China has “significant imbalance” and the Biden administration is committed to levelling it, Ms Tai said on the weekend before a meeting of Asia-Pacific trade ministers. There are parts of the United States-China relationship “that are unhealthy and have over time been damaging in some very important ways to the US economy”, she said.
“I won’t get overly excited” about the call, said Alvin Tan, head of Asia currency strategy at RBC Capital Markets LLC. “It’s positive in the sense that both countries are stepping up” economic and trade communication, but no game-changing decisions or announcements have come out, he said.
Ms Tai will talk with her Taiwanese counterpart soon, the Wall Street Journal reported earlier. The two sides will soon discuss “some kind of framework agreement,” Secretary of State Anthony Blinken said earlier this week.
However, China opposes any official contact between the US and Taiwan, which it regards as part of its territory, and any negotiations or discussions will inevitably be linked with US-China relations, and could increase the tensions between the two.
– Beijing (Bloomberg)


https://island.lk/china-and-u-s-agree-to-push-forward-trade-investment-ties/

Mr. Wayne dislikes this post

Share this post on: redditgoogle

https://www.ft.lk/news/EU-Parliament-Resolution-throws-down-the-gauntlet-on-GSP/56-719095#.YMLvqmxSEQA.twitter

nigma, THUWA and J-CAT like this post

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum