Trump continues to assert that his administration is in trade talks with China, but Beijing is denying that any negotiations are taking place.

The Treasury secretary departs for China today. A key objective is to glean information about how Beijing expects to reach its 2024 economic growth goal.

Beijing's massive oversupply in property and industry, and surging debt levels among local governments, have analysts wondering whether China is headed for a Japan-style malaise after 30 years of unprecedented economic growth.

Under the new regulation, Chinese borrowers will be required to register, report, and receive approval from the NDRC before selling offshore bonds.

A wave of fund redemptions by retail investors has fueled China's biggest credit selloff since 2015.

"It's fair to say that the demand outlook for trans-Pacific and container shipping generally is receding quickly."

Contrary to public pronouncements, an internal report prepared for the Russian government predicts that the country may face a longer and deeper recession as the impact of U.S. and European sanctions spreads.

As the number of infections dropped significantly over the weekend, officials made plans to reduce some Covid Zero protections.