Regional Asian exporters could be 'crowded out' in US-China trade pact
Monday, 15 April 2019 Washington (AFP) April 12, 2019
A coming trade pact between Washington and Beijing could mean US goods will out-muscle regional Asian exporters reliant on sales to China, the International Monetary Fund warned Friday. "In the case of an agreement involving managed trade, with China committed to import more from the US, reducing imports from elsewhere can be an issue," Changyong Rhee, head of the IMF Asia Department, told r
SYDNEY (Reuters) - Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy. FILE PHOTO: A woman walks past a...