Part and send us your story you know a train always to understand this new culture. Or not of a little or nothing yet you want to become sitting. In for migrants your platform for reliable information. Up. Your Group Washington china counters strong tariffs with the cheaper you want leading the white house to cry currency manipulation hours later beijing announces it will no longer buy foreign produce from the u. S. I also want to show a Canadian Company that wants to socks the o 2 out of the air and turn it into fuel. And how syrians fleeing the civil war are benefiting from an appetite for their traditional addition in the sudanese capital. This is d. W. Business im joined now on in berlin welcome to the i was wondering how china would respond to washingtons latest round of terror well they may have the round sir china has allowed the you want to significantly fall against the us dollar making chinese exports cheaper and potentially offset the effects of its trade war with the us and
And how syrians fleeing the civil war are benefiting from an appetite for their traditional dishes in the sudanese capital. This is d. W. Business im joined now on in berlin welcome to those wondering how china would respond to washingtons latest round of tariffs well they may have the round sir china has allowed the you want to significantly fall against the us dollar making chinese exports cheaper and potentially offsetting the effects of its trade war with the west and beijing has announced it is to stop purchasing u. S. Foreign products prompting fears that the trade war is set to get even nastier. Could china be weaponize ing its currency in the increasingly hostile trade war between washington and beijing the chinese who won unexpectedly crossed the psychologically important 7 print dollar mark for the 1st time since the Global Financial crisis you one slump to an 11 year low could be good for chinese exports they could remain competitive despite the terrace thats why some see it
U. S. And beijing has announced it has to stop purchasing u. S. Farm products prompting fears that the trade war is set to get even nastier. Could china be weaponize ing its currency in the increasingly hostile trade war between washington and beijing the chinese who won unexpectedly crossed the psychologically important 7 print dollar mark for the 1st time since the Global Financial crisis he won slumped to an 11 year low could be good for chinese exports they could remain competitive despite the tariffs thats why some see it as retaliation to the additional 10 percent tariffs on 300000000000. 00 worth of chinese imports u. S. President donald trump announced last week for Chinas Central Bank blame the yuan slump on unilateralism and trade protectionism. Huge of the complicated International Situation and uncertainties we must pay great attention to handle the relationship between further reform and opening up and Risk Prevention hodges regime which we dont phone china has denied it i
The us and beijing has announced it is to stop purchasing u. S. Farm products prompting fears that the trade war is set to get even nastier. Could china be weaponize ing its currency in the increasingly hostile trade war between washington and beijing the chinese who won unexpectedly crossed the psychologically important 7 print dollar mark for the 1st time since the Global Financial crisis the one slump to an 11 year low could be good for chinese exports they could remain competitive despite the terrace thats why some see it as retaliation to the additional 10 percent tariffs and 300000000000. 00 worth of chinese imports u. S. President donald trump announced last week for Chinas Central Bank blamed the u. One slump on unilateralism and trade protectionism. Huge of the complicated International Situation and uncertainties we must pay great attention to handle the relationship between further reform and opening up and Risk Prevention the hotter team. Phone china has denied it is devalu
Central bank in beijing blamed unilateralism and trade protectionism and called for improved financial stability. Due to the complicated International Situation and uncertainties we must pay great attention to handle the relationship between further reform and opening up and Risk Prevention the heart of city which we dont have on. The news turned asias benchmark stock indices into a picture of misery hong kongs hang seng index closed nearly 3 percent lower a 7 month trough in tokyo the nikkei 2. 00 to 5. 00 ended 1. 75 percent lower the mainlands big board the shanghai composite closed down 1. 25 percent. Looking ahead the current weakness of the yuan is going to make things difficult in trade talks the u. S. Wants china to buy more American Goods to narrow the trade deficit a correspondent andrea hang it all the ballots join us from the financial hubs of singapore in frankfurt address the fallout looks biggest in asia whats the damage. Well the chinese currency reaching that 7 per dol