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Stock impact report

China blames 'excuses' for APEC discord, as U.S. ties sour again [Reuters (UK)]

Walt Disney Company (The) (DIS) 
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Company Research Source: Reuters
China blames 'excuses' for APEC discord, as U.S. ties sour again | Reuters 5 Min Read BEIJING (Reuters) - A major Asia-Pacific summit’s failure to agree on a communique resulted from certain countries “excusing” protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours the tone of China-U.S. ties ahead of a G20 meet. After months of bickering over a damaging trade war, the disputed South China Sea and U.S. support for Chinese-claimed Taiwan, the two nations’ presidents took a step back from the edge with an ice-breaking telephone call early this month. While both U.S. President Donald Trump and Chinese President Xi Jinping expressed optimism about resolving their trade war ahead of a planned meeting at the G20 meeting in Argentina at the end of next week, relations have since faltered again.The weekend’s Asia-Pacific Economic Cooperation (APEC) summit in Port Moresby was one of open disagreement, topped by disputes between the U.S. and China ov Show less Read more
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