China fixes currency at 3-year high ahead of Trump-Xi meeting
Data meanwhile shows deflationary pressures easing in world’s second-largest economy
Data meanwhile shows deflationary pressures easing in world’s second-largest economy

Will the US or China abandon their current follies sooner?

Beijing shows it can force Washington to compromise on trade issues

China holds the cards — and might settle for flashy but empty announcements while playing a long game

Central bank fixes currency at highest level against dollar in 15 months

Unexpected decline comes even as President Donald Trump and Chinese leader Xi Jinping seal a truce

Sceptics associate American president with turmoil and cast doubt over Sino-US relationship reset