Chinese stocks surge after Trump postpones tariffs - News Summed Up

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Chinese stocks surge after Trump postpones tariffs


The Trump administration wants China to roll back plans for government-led creation of global leaders in robotics and other technology. The weekend talks made progress on technology transfer, protection of intellectual property rights and non-tariff barriers to market access, according to the official Xinhua News Agency. He said if progress is made, he will meet Chinese President Xi Jinping at his Florida resort to finalize an agreement. Trump and Xi agreed Dec. 1 to postpone more penalties while they negotiate. Share prices already had risen in recent weeks on expectations Trump would postpone the tariff hike.


Source: CBC News February 25, 2019 12:26 UTC



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