Over concerns of chinese growth. Onbers out of China Industrial profits. Lets look at what has been going on with them. A little recovery. We got above the dotted line, breakeven, if you will. For april. E 1. 1 . E we got up this informs us about nominal gdp and that would suggest we are on a slight uptick. The bottom of this graph is the ppi. Years of negative prices. We have been positive and remain positive as well. Against this backdrop of where companies do have pricing power, industrial profits ticking higher. Against thehat background of the g20. We have a date for that. President trump stepping up rhetoric against china as he prepares for the crucial meeting in japan. Stephen engle is on the ground for us for that meeting. We have a date for the date. Do. Hen we saturday, just before lunch, 11 30 a. M. Saturday is when president xi jinping and trump will meet. President has a full schedule tomorrow. He will be meeting Scott Morrison of australia for dinner and a whole wave of m
The second-ranking diplomats of Japan and the United States held an inaugural meeting on infrastructure development cooperation in other countries, a move widely seen as linked to the two allies' efforts to counter China's inroads into Southeast Asia and elsewhere.
Japanese Prime Minister Fumio Kishida and Chinese Communist Party diplomat Liu Jianchao agree on the importance of continuing bilateral dialogue, Japan's Foreign Ministry said, as the two countries seek to stabilize their ties despite disputes over regional security and other issues.
Leaders from China, Japan, and South Korea will meet for the first three-way talks in four years on Monday in Seoul, as they try to revive trade and security dialogues hampered by global tensions. Chinese Premier Li Qiang, South Korean President Yoon Suk Yeol, and Japanese Prime Minister Fumio Kishida will adopt a joint statement on six areas including the economy and trade, science and technology, people-to-people exchanges and health and the aging population, Seoul officials said. The summit comes a day after the leaders met separately for bilateral talks with each other.