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Trump’s suddenly talking about a big new trade deal with China, but analysts say it’s just ‘pre-election hype designed to make the markets happy’

  • President Donald Trump has suddenly suggested that the US and China could make a deal to end the trade war.
  • But the suggestion flies in the face of recent actions by the administration — and Trump's own words.
  • Analysts said Trump could be simply trying to sooth investors and boost the stock market in the run up to the midterm elections by teasing a deal.
  • https://www.cnbc.com/2018/11/02/trump-suddenly-talking-china-trade-deal-just-days-before-midterms.html

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Finance Minister Liu warns about ‘hidden debt’

8/03/2019, 4:03 AM

He warned that local governments will face “budgetary pressure” in 2019 amid an economy showing signs of stress and planned tax cuts by Beijing worth 2 trillion yuan ($298 billion).

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