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Defaults in Chinese offshore corporate dollar bonds are set to increase, experts say. While there’s little indication that increased pressure on offshore dollar repayment could trigger a broader crisis, the situation should be closely monitored for spillover threats, they say. Tai Hui, chief market strategist for Asia Pacific at J.P. Morgan Asset Management in Hong […]

China has offered the U.S. some “very attractive numbers” for purchases of farm goods as part of “dynamic” trade talks, but there are still concerns over areas such as biotechnology, according to U.S. Agriculture Secretary Sonny Perdue. While parts of the agriculture deal are done, the U.S. is still ironing out details including how commitments […]