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China Says It's Evaluating US Talks After Weeks of Stalemate [Yahoo! Finance Canada]

UNITED OVRSEAS BK S/ADR (UOVEY) 
NASDAQ:AMEX Investor Relations: uobgroup.com/investor/index.html
Most Read from Bloomberg China's Commerce Ministry said in a Friday statement that it had noted senior US officials repeatedly expressing their willingness to talk to Beijing about tariffs, and urged officials in Washington to show “sincerity” towards China. “The US has recently sent messages to China through relevant parties, hoping to start talks with China,” the ministry added. “China is currently evaluating this.” Futures on the S&P 500 Index erased early losses in Asia while a gauge of regional equities also turned positive after the statement. The offshore yuan edged stronger, while the Australian dollar, a China proxy, also extended gains. The statement signaled the stalemate between the world's two largest economies could shift, after Trump hiked US tariffs to the highest level in a century and Beijing retaliated in kind. Trump has repeatedly said President Xi Jinping needs to contact him in order to begin tariff talks. Earlier this week, Treasury Secretary Scott Be Show less Read more
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