Beijing has pledged to make its financial sector more open to foreign investors. The People's Bank of China says it will allow non-Chinese companies to compete in areas including financial leasing by the end of the year.
The Chinese economy grew an underwhelming 6% in quarter three, its weakest rate in at least 27 years. An ongoing trade war with the US continues to weigh on the world's second largest economy.
China’s economy grew 6.6% in 2018, its slowest rate since 1990, with trade issues impacting the world’s second-largest economy. DW asked Martin Jacques, an academic who predicted the rise of China, to unpick the signals.
US President Donald Trump spoke of "very, very good negotiations with China" after a day of trade talks at the White House on Thursday. But experts say the most one can hope for is token concessions.
The US and China have made progress and come to a "phase one" deal, US President Donald Trump has said. Washington suspended the tariff hike on $250 billions in Chinese goods which was set to go into effect next week.
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