Weekly

Yesterday, the China-US trade conference, which was thought to have been postponed indefinitely, was finally started by Chinese Vice Premier Liu He, US Trade Representative Wright Heze and Treasury Secretary Nuchin.

It was reported that both sides had a good and constructive atmosphere at the meeting; The representatives of the two countries first agreed to strengthen the economic coordination policy between the two countries and evaluate the implementation of the first-stage trade agreement;

Finally, the two sides agreed to create more favorable conditions and maintain communication in the future, and continue to promote the implementation of the first-stage agreement.

According to the investigation of the newspaper, at the initial stage when the first-stage agreement came into effect, China's procurement lags behind the commitment process, resulting in the purchase volume being far lower than the target set by the US.

Recently, however, China has stepped up its efforts to purchase American agricultural products and crude oil. White House economic adviser Kudla also issued a statement after the meeting, saying that US President Trump administration is satisfied with China's implementation of the first-stage trade agreement.

The relationship between China and the United States was tense earlier, and this trade conference narrowed the gap between the two countries, hoping to lay a solid foundation for the future and break the ice.

Back to the pneumonia epidemic in China, which is often accused by US President Trump, the cumulative number of infected people in novel coronavirus is close to 24.03 million, and the number of confirmed deaths has increased by more than 822,000.

About 50,000 people were diagnosed with new pneumonia in the United States yesterday, and the cumulative number of infected cases exceeded 5.95 million. It is still the country with the largest number of infected cases in the world, showing signs of rebound in the trend, and even reported by American media.

Just six days after the school started, there have been many cases of group infection in 24 states of the United States. The economic data released by the United States last night were mixed. First, the Consumer Confidence Index of the American Economic Consultative Conference,

The data unexpectedly dropped to the lowest point of 84.8 in two months, which is about 10% lower than the estimated 93 points, indicating that the virus still threatens the grassroots working population, and it is inevitable to be pessimistic about the prospects when the income is not guaranteed.

Consumption will naturally shrink. Another data is better than expected, that is, the sales volume of new houses in the United States has risen to 900,000. Obviously, the income of the United States is higher and more stable.

For example, people who are engaged in the financial industry or high-tech workers just take advantage of the low-interest environment to buy their own homes, thus making good investments.

Sino-US relations eased slightly, and the US dollar fell slightly. The gold price fluctuated yesterday, and the volatility narrowed slightly to US$ 24 compared with the previous day, with a high of US$ 1938 per ounce.

The low level once fell to 1914 US dollars per ounce, and finally fell by one dollar to close at 1928 dollars per ounce.

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