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Chinese President Xi Jinping's speech on the 40th anniversary of his country's "reform and opening up" could have significant consequences for whether the U.S. resolves its trade war with China in coming months.
The Federal Reserve should not hike interest rates at its meeting Wednesday as recent developments in the markets and economy signal caution, Stanley Drunkenmiller said in an op-ed in The Wall Street Journal.
Two of China's largest electric car start-ups launched new passenger vehicles this month in a bid to capture part of the government-supported market before subsidies end and better-known brands such as Tesla move into the massive Chinese market.