WH: USTR Lighthizer and Treasury Sec. Mnuchin to travel to Beijing for trade talks starting April 30

The White House published a statement last minutes, citing that the US Trade Representative (USTR) Lighthizer and Treasury Secretary Mnuchin are likely to travel to Beijing for trade talks starting April 30th.

The Chinese delegation will visit the US for further negotiations starting May 8th.

PBOC injects liquidity via one year TMLF

The People's Bank of China (PBOC) has injected ¥267 billion via one year targeted medium term lending facility (TMLF) with an aim to boost lending to
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PBOC sets yuan reference rate at 6.7205

The People's Bank of China (PBOC) set the yuan reference rate at 6.7205 vs the previous day's fix of 6.7082.
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