China meets with US
China meets with US

China meets with US

News summary

Mainland China's stock market saw a minor decline, with the CSI300 Index down 0.4%, as investors remained cautious ahead of significant legislative meetings and the U.S. presidential election. Concerns are heightened as China's top legislative body prepares to meet from November 4 to 8, with key topics like debt missing from the agenda. Concurrently, China is expressing serious apprehensions regarding U.S. tariffs and sanctions related to Russia during an Economic Working Group meeting, where Vice Minister Liao Min discussed stimulus measures to stabilize the Chinese economy. This meeting, the sixth of its kind, underscored the ongoing complexities in the China-U.S. economic relationship. Tensions have grown due to punitive U.S. measures aimed at China, which have significant implications for both nations' economies. As China grapples with slowing growth, there is an urgent need for alternative strategies to counterbalance external pressures.

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Left 67%
Center 33%
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Last Updated
21 days ago
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