Global Business

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US-China trade negotiations continue

China’s top economic advisor, Vice Premier Liu He, is expected to come to Washington soon for discussions with President Trump’s economic team. The US and China are hoping to strike a deal and avoid a trade war.

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Protests erupt in Argentina over IMF loan talks

Protests erupt in Argentina over IMF loan talks

Argentina is returning to the International Monetary Fund. The government says it is a “standby arrangement” to bolster the economy after a run on the peso. But many in Argentina blame IMF for the economic crash 17 years ago, which contributed to millions falling into poverty.

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Rockefeller art auction breaks record & shines light on Chinese craft

Rockefeller art auction breaks record & shines light on Chinese craft

It has been called the sale of a century. The auction of the private art collection of American billionaire, David Rockefeller and his wife made a record breaking $646 million just during its opening night. The collection includes unique Chinese artifacts, and even a dessert service set that Napoleon brought with him into exile.

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Argentina raises key interest rate to 40 percent, bringing more uncertainty

Argentina’s central bank hiked the benchmark interest rate to 40 percent to support the peso last week. The peso has lost  a quarter of value since 2017. Inflation and the fiscal deficit are running high, and though Mauricio Macri’s government has been widely lauded in financial circles for its pro-businesses policies, Argentina’s economy is still struggling. CGTN’s Joel Richards reports.

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