Recent media reports have suggested the US might label China as a currency manipulator, but even if this happens there won't be a big impact from it, Chinese analysts said on Tuesday.
The US dollar dipped against the yen on Tuesday with simmering anxiety about higher US bond yields, the China-US trade war and political turmoil in Europe.
Chinese people's ever-growing appetite for travel could help offset the downward pressure brought by the China-US trade war, experts said on Monday.
China's export rebate rate for some goods will be raised to 16 percent from the current levels of 15 percent and 13 percent effective November 1, China National Radio reported on Monday, citing a meeting of the State Council, the country's cabinet.
Chinese State media reports reaffirmed China's determination to continue its opening-up policy and maintain its role in safeguarding free trade and the multilateral system over the weekend.
US Agriculture Secretary Sonny Perdue said that the US “probably made a mistake” becoming too trade dependent on China and added that the administration was trying to pursue trade deals elsewhere.
US-listed Chinese companies traded mostly lower on Friday with nine of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a downbeat note.
U.S. President Donald Trump "is wrong" over the trade row with China, and "seeking surplus with every trading partner is not 'winning'," "it is absurd," chief economics commentator at the Financial Times (FT) said Wednesday.
The trade friction between China and the United States will negatively affect the US economy by offsetting tax cut benefits and causing higher consumer prices, a trade expert told Xinhua on Friday.
Chinese State Councilor and Foreign Minister Wang Yi said on Friday that China stands for a proper settlement of trade frictions through equal dialogue and consultation, and in accordance with rules and consensus.
BRICS countries should seek further unity and cooperation to resist trade friction created by the US, Chinese scholars said after Foreign Minister Wang Yi attended a meeting of the BRICS foreign ministers on Thursday in New York and emphasized the importance of multilateral cooperation.