Trump’s Thursday Twitter post is evidence of that, Lanhee Chen, a research fellow at the Hoover Institution, told CNBC on Friday. In fact, he said, the tweet — about a “long and very good conversation” with China’s president — is one of several “smoke signals” that show the White House truly hopes to resolve its ongoing dispute with the world’s second-largest economy.
Beijing
Breaking News – China Reports Lower Than Expected Manufacturing Growth in October
China reported slower manufacturing growth in October for the second straight month as the country’s trade war dispute with the U.S. continues.
China Adds to Stimulus Drip-Feed as Markets Stumble Again
China is responding to the slump in its stock markets and the slowdown in the economy with a trickle of stimulus to stabilize, rather than rejuvenate, investor sentiment. The central bank plans to give 10 billion yuan ($1.4 billion) to China Bond Insurance Co. to provide credit support for debt sales by private enterprises
Beijing likely to Cancel Trade War Talks After Donald Trump ups the Ante with Tariffs on US$200 Billion of Goods
According to the source, who declined to be identified as the plans have not been made public, China is reviewing its earlier plans to send a delegation, headed by vice-premier Liu He, to Washington next week.