China stocks rally, yuan gains on Geneva trade talk optimism

Quick Summary:

US and China struck a positive note after holding long talks on trade deal in Geneva over the weekend.

US Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer held long talks on the weekend with senior Chinese officials led by Chinese Vice-Premier He Lifeng in Switzerland.

SINGAPORE/SHANGHAI – Chinese stocks rallied and the renminbi strengthened on May 12, after weekend talks in Geneva between Chinese and US officials showed encouraging signs of a de-escalation in a high-stakes trade war.

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong KongSwitzerlandUnited States

Topics: Chinese China’s Trade Cent Blue-chip April Hang Index Seng Talks Sides

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 13:08:24 (2 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28596225

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 14 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions