China only offering to remove forced joint ventures in financial services – Fox News

The Fox News editor Edward Lawrence is now reporting that China will only offer to remove the forced joint ventures in financial services.

Lawrence comes out with clarification after reported earlier that China offers to completely remove requirement for forced joint ventures by Jan 2020.

The risk-on market sentiment remains unperturbed, with USD/JPY testing 108.50 levels and S&P 500 futures +1.25% higher on increased trade deal expectations.