US President Donald Trump said it would be possible to reach a fresh trade deal with China, signaling he is open to heading off a brewing trade fight between Washington and Beijing.

The Indian rupee strengthened on Thursday aided by a rise in the Chinese yuan after U.S. President Donald Trump said a new trade deal with Beijing was possible, while dollar sales from foreign banks also aided the local unit.

U.S. President Donald Trump’s abrupt reversal of three years of American policy toward Ukraine has raised concerns China might become emboldened to push its territorial claim on Taiwan, though experts say Beijing is most likely in a wait-and-see mode

China left benchmark lending rates unchanged at the monthly fixing on Thursday, showing authorities are going slow with monetary stimulus as they prioritise financial and currency stability. A weakening yuan and narrowing net interest margins at commercial banks limit Beijing's monetary easing scope at a time when China is facing renewed trade tensions with a new Donald Trump administration in the United States.

President Xi Jinping’s embrace of Chinese tech bosses in a rare public meeting is fueling hope Beijing is shifting its stance to give the private sector a freer hand as it fights a trade war with Donald Trump.

U.S. President Donald Trump and China's President Xi Jinping shake hands ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) -U.

U.S. President Donald Trump signaled the possibility of a trade deal with China, despite escalating tensions over tariffs. Speaking aboard Air Force One on Wednesday, Trump said a new agreement with Beijing was

Global hedge funds keen to navigate U.S.-China trade tensions are amassing Chinese stock bets in the hopes of making huge profits if Beijing forms a pact with Donald Trump, or if the rest of the world and China unite against the U.