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Is a US-China trade deal in sight? | DW News
Posted
December 16, 2019
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December 16, 2019
9,290
112
68
1.94%
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4:55Now PlayingIs China's economy finally moving along again? Industrial production rose last month by 6.2% compared to a year ago. Normally, nothing to get excited about. But given the economy's recent weak performance, this was something for Beijing to celebrate.
Chinese stocks rose to a sixweek closing high today, boosted by upbeat data pointing to resilience in the world's secondlargest economy. This as Washington and Beijing agreed to suspend a new round of tariffs this weekend, signalling a thaw in relations. Experts caution though, that an interim phase on the trade deal will not end the trade dispute. However, it is a step in the right direction.Subscribe
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