China not to be contained by Plaza accord.
on Bloomberg:
- Official Xinhua News Agency described the trade talks as having 'major differences'
- Any concrete deals on the US list will take time to be reached
- Market takeaway: regulatory policy is not likely to toughen further.
Hardly a surprise things are not going completely smoothly, but it does not bode well for further talks. The deals are going to be tricky to win...
