Markets faring without much direction

RMB and US dollar bank notes

Nyiaj Meskas thiab Nyiaj Suav (Moment RF) Source: Moment RF

Global markets fared without much direction on Tuesday as US market closed for “Presidential Day” and before new round of talk between US & China.


The attention now will focus again on the trade talk to be held today at Washington. China Vice Premier Liu He will join the negotiation on Thursday and Friday.  

As a result, markets can be expected to take a side line even though the mood remains largely positive.  

Today’s meeting is said to focus on the structural reform of Chinese economy. Markets speculate “state owned corporate (soc)” reform will top the negotiation agenda.  

Our guest, Shinewing Head of International Trade, David Chu, will give us light on what soc is and why reform is needed.  


Share

News

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Mandarin-speaking Australians.
Understand the quirky parts of Aussie life.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
Simplified Chinese Collection

Simplified Chinese Collection

Watch onDemand