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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

China-US trade and North Korea Nuclear Issues are Different

August, 01 2017
watermark Economic news

According to a senior Chinese trade official, the concerns regarding the deal between the United States and China should be set apart from the security menace of the North Korea.

Vice Commerce Minister of China, Qian Keming spoke that the Chinese economy acquired massive advantages in their consensus with the USA, however, did not get any support in settling the dispute against the North Korea.

Qian underlined the mutual benefits they earned from trading and investing in the US, chiding the remarks of Trump about Beijing tend to abuse the liberal trade policies of U.S.

China is also the North's largest trading partner in terms of food and fuel. While there are Chinese firms that have a virtual monopoly on investments within the North Korean economy, especially in natural resources.

On Monday, Qian mentioned that China’s trade volume increased amid the months of January to June, versus the same period in 2016, closing a two-year decline. Moreover, the imports rose by 19.6 percent during the first half of 2017 as exports also grew by 25.7 percent.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.