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High-Level U.S.-China Trade Talks to Resume in Final Push for Deal - WSJ
WASHINGTON—Negotiators for the U.S. and China have scheduled a new round of high-level trade talks in Beijing and Washington, aiming to close a deal by late April to end the yearlong dispute between the world’s two largest economies.
China’s appetite for US assets imperilled at worst possible time | Financial Times
Trade tensions between Washington and Beijing have fixed all eyes on China’s large goods trade surplus with the US. While the likelihood of an outright trade war is hard to gauge, largely overlooked is another threat arriving with near certainty from the world’s second-largest economy — the end of China’s large current account surplus. Without those large surpluses, China will probably cut back its purchases of US financial assets, just as Treasury bond issuance surges and corporate America needs to refinance more of its debt.
Fed Faces Crucial Decision on Mix of Treasurys in Its Portfolio - WSJ
Markets have cheered the Federal Reserve’s imminent announcement that it will stop shrinking its asset portfolio later this year, but determining that date is just one challenge facing central-bank officials.