Why the US isn’t winning the trade war with China | FT

Donald Trump tweeted this week that the US-China trade war is a beautiful thing to watch. His view is that Washington is combating China’s sharp practises, while helping attract massive amounts of money into the US through investments. But key data from the trade war is telling an almost opposite story. If you look at […]

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Why renminbi fall is the latest salvo in the US-China trade war

Why renminbi fall is the latest salvo in the US-China trade war

Seven renminbi to the dollar was regarded as a line in the sand for the Chinese central bank. But on Monday, the Chinese currency finally broke through its widely recognised line of defence – the first time it’s done so since the global financial crisis. But it was a level that was becoming harder to […]

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