China Evaluates US Trade Talks, Sparks Market Optimism
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Beijing’s Commerce Ministry confirmed it is assessing Washington’s overtures for tariff negotiations, marking a potential thaw in trade tensions between the world’s largest economies. The statement triggered immediate risk-on moves across Asian markets, with Hang Seng China Enterprises Index gaining over 1%.
Market participants interpreted the diplomatic signaling as bullish for global risk assets, though no concrete timeline for discussions was provided. The development comes as cryptocurrency markets remain sensitive to macro liquidity conditions influenced by US-China relations.
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