Weekend headlines from China appear mixed as the Dragon Nation tried to bolster economic activity via another stimulus measures but lacked a positive response from the markets amid fears about an economic slowdown. Also, the cautious mood ahead of the US-China talks in Beijing, as US Commerce Secretary Gina Raimondo visits Beijing for four days, prods the optimists.China Finance Ministry confirmed the previous expectations of cutting the stamp duty of 0.
While departing for China, the policymaker clearly stated in the US, per Reuters, that she would promote discussions on boosting trade and tourism ties with China while crossing out discussions on the American national security trade measures.
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