Now on bbc news, all the latest Business News live from singapore. After months of tough talk, President Trump now says he will not label china currency manipulator. And we are tracking this Food Delivery Service on the streets of San Francisco. Welcome to Asia Business report, i am Sharanjit Leyl business report, i am Sharanjit Leyl. Us President Donald Trump says his administration will not label china currency manipulator. It is a stunning reversal from one china currency manipulator. It is a stunning reversalfrom one of his key Election Campaign promises. Mr trump told the Wall Streetjournal that he changed his mind because china has not been manipulating its currency recently, and that doing so jeopardise talks with beijing about how to deal with north korea. Earlier i spoke to an economist about whether the us president was softening his trade stance on china. In the past, china has arguably used currency to push its trade policy. They have moved away from that over the past year