There is hope for the Chinese offshore US dollar bond market, after US president Donald Trump and Chinese president Xi Jinping agreed to meet at the G20 Leaders Summit in Osaka, Japan, at the end of June.
In mid June, Trump tweeted “Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting.”
The following day, the English version of Chinese state newspaper People’s Daily confirmed the meeting. It quoted Xi saying he is willing to meet with Trump on the sidelines...
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