13 days ago • Posted by William Ramstein
Sino-American relations smoothen--Chinese shares close the week slightly lower
The Sino-American trade relationship seems to be keen on moving beyond a trade war. Strong US jobless report and private payroll numbers point to an improving labor market. In China, services growth slow as price moved northwards. In terms of policy, Biden signed an executive order banning US entities from investing in dozens of Chinese firms with alleged ties to defence or surveillance technology sectors.
Source: Trading Economics