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President Donald Trump said he will discuss US arms sales to Taiwan with Chinese leader Xi Jinping at a meeting this week, a move that risks undermining America’s longstanding support for the island. Bloomberg's Rebecca Choong-Wilkins reports. (Source: Bloomberg)
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Bloomberg Markets
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The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.
Modi’s call to curb fuel use suggests an imminent hike in pump prices, adding to inflationary pressure.
Shares of Japanese metals refiner JX Advanced Metals Corp. slid after the company unveiled a plan to issue ¥250 billion ($1.6 billion) of bonds that can be converted into stocks to fund share buybacks.
Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai would be among the issues at the summit in Beijing.
