Wall Road Journal stories China guarantees to not devalue the yuan

The Wall Road Journal (gated) report on:

• Beijing Prepares Its Opening Bid to Discuss Commerce With Trump

The mish mash of concepts China has to barter with Trump, the Journal cites (based on unnamed sources), embrace:

• Going again to a earlier commerce deal from 2020
  • Section One deal required China to extend purchases of American items and providers by $200 billion over a two-year interval. Analyst estimates say China purchased solely 58% of the U.S. items it had dedicated to buy.
• Supply to make extra funding within the US
• To not devalue the yuan to search out aggressive benefit

That is all a bit imprecise, but it surely’s a begin possibly.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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