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NOTHING IS PERMANENT EXCEPT CHANGE

  • Chinese President Xi Jinping is scheduled to address his nation at 10 a.m. in Beijing (9 p.m. ET Monday) on the 40th anniversary of China's "reform and opening up."
  • Dec. 18 commemorates how China's former leader Deng Xiaoping spearheaded the restructuring of the economy in 1978.
  • U.S. President Donald Trump and Xi reached a temporary ceasefire earlier this month with the U.S. agreeing not to increase tariffs if the two countries can reach some resolution on a host of issues within 90 days.

OTHER NEWS

China, the world’s top crude-oil buyer, imported around 718,000 barrels a day on average from Iran between January and May of this year. China’s imports are equivalent to more than one-quarter of Iran’s oil exports. China has increased Iranian oil purchases by near-10 percent recently and is not expected to stop buying when U.S. sanctions […]

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