|Bid||0.00 x 38500|
|Ask||0.00 x 38500|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.28|
|Expense Ratio (net)||0.74%|
Chinese telecom equipment giant Huawei is at the epicenter of a new wrinkle in the trade war. Let’s look at last week’s developments related to Huawei.
In the second quarter, the Chinese economy expanded at the slowest pace in 27 years. On Wednesday, China released a series of weak economic data points.
On multiple occasions, Trump has said the US economy is doing phenomenally well, calling it “the greatest economy in the HISTORY of America.”
The Chinese yuan fell more on Thursday. President Trump sees the Chinese yuan’s depreciation as a ploy to gain an unfair trade advantage.
President Trump is back with another threat of tariffs on Chinese imports just a month after the US and China agreed to resume trade talks.
We take a look at some Chinese ETFs in the wake of increasing number of U.S. manufacturers relocating their production units to other Southeast Asian countries.
The trade war has depressed the manufacturing activity in China and the US. The Caixin China General Manufacturing PMI fell to 49.4 in June.
The US-China trade war has paused as the two countries restart trade talks, but the lack of a timeline is keeping companies on their toes.
China added another 10.3 tons of gold to its reserves in June, marking the seventh consecutive month during which it added to its reserves.
Today, the South China Morning Post reported that the US and China have agreed to a tentative truce to the trade war and are working on statements in this regard. The truce would delay tariffs on an additional $300 billion worth of Chinese goods entering the US.
The US Department of Commerce will extend its trade ban to five supercomputing companies that buy chips from US companies, such as Advanced Micro Devices, Intel, and NVIDIA, starting on June 24.