US-China Form Trade Council, Extend Truce to January 2027
China and the US agreed to establish a trade council and extend their tariff truce until January 2027.
China and the US agreed to establish a trade council and extend their tariff truce until January 2027.
China may let Alibaba and ByteDance buy a new Nvidia chip, a report says. NVDA stock closed at $225.07 and awaits Monday's open.
Xi Jinping said the US-China relationship will be based on respect, fairness and reciprocity, and agreed with Trump to add new substance.
US and China reach agreement on a subset of goods for trade; details to be released Monday.
The Trump-Xi summit extended the US-China trade truce by two months but failed to resolve disputes over rare earths, technology, and Taiwan.
China's Mid-Autumn and National Day holidays thin Asian markets, heightening volatility risks.
The US-China trade truce was extended by two months to January 10, but tariffs, farm purchases, rare earths, and Taiwan remain unresolved.
President Trump hosts Chinese President Xi at White House; discussions cover trade, tech, Taiwan, Iran with no firm outcomes.
Boeing is struggling to finalise a 200-jet China deal as expectations for a large order at the Trump-Xi summit fade.
Mainland China markets are closed Friday for Mid-Autumn Festival, with a week-long Golden Week break starting October 1.
The ADB kept its China growth forecasts unchanged but cut the inflation outlook, pointing to soft demand. It slightly raised the Asia growth forecast.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6971, as the fixing signals caution over yuan strength.
Trump-Xi meeting set for this week as both sides signal modest trade ambitions; Busan truce expected to be extended.
PBOC set the yuan central rate at 6.7459 per dollar versus a 6.6989 forecast, the strongest since February 3, 2023.
China has scheduled its fifth plenum for Oct 26-29 in Beijing; markets will watch for economic signals amid the Trump-Xi summit backdrop.