US and China officials to meet for trade talks in London – business live

Rolling coverage of the latest economic and financial newsChina’s stock market has risen slightly today, amid hopes that today’s trade talks in London might yield progress.The CSI 300 index is up 0.25%, while the Shenzhen Composite has gained 0.8%.Rare earth shipments from China to the US have slowed since President Trump’s ‘Liberation Day’ tariffs in April. The US wants these shipments to be reinstated, while China wants the US to rethink immigration curbs on students, restrictions on access to advanced technology including microchips, and to make it easier for Chinese tech providers to access US consumers.A trade agreement between China and the US could calm fears about the economic fallout from US tariff plans, although it is still worth noting that an agreement between the US and the EU is conspicuous by its absence. Continue reading...

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