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The European Union has no intention of decoupling from China but needs to protect itself when its openness is abused, the bloc's Executive Vice President Valdis Dombrovskis said, as both sides look to cool rising tensions over geopolitics and trade.
China’s role in the global supply chain will become even more crucial in the coming years, as it garners a bigger market share in intermediate products, says HKMA CEO Eddie Yue.
Some Western officials and media outlets continue to claim that China is “uninvestable” and that there is widespread “foreign capital flight” out of the country, but global businesses, including those from the West, continue to come to China in droves.
Spot gold rose 0.2% to $1 924.32 an ounce.
Spot gold fell 0.1% to $1 928.35 an ounce.