"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
U.S. stock index futures turned lower after China said it needed to have further discussions before it would sign off on the so-called phase one trade deal President Trump...US Marketsread more
Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
Boeing's board removed CEO Dennis Muilenburg as chairman amid the fall out of two 737 Max crashes that killed 346 people.Aerospace & Defenseread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
China is willing to send rescue and medical teams to the Philippines to help it recover from Typhoon Haiyan, the Chinese foreign ministry has said.
Xinhua state news agency cited Hong Lei, foreign ministry spokesman, as saying China was prepared to send personnel. He said the Chinese Red Cross was also willing to deploy its Blue Sky Rescue Team to the relief.
The news agency did not say whether the Philippines had requested – or agreed to accept – help from China. The two countries have been locked in a bitter dispute over contested maritime territory in the South China Sea.
"China has maintained communication with the Philippines on the issue of medical assistance, and Chinese rescuers will set off for the disaster-hit areas immediately once conditions permit," Xinhua cited Mr Hong as saying.
China came under criticism last week after it offered only $100,000 in aid to the Philippines – equivalent to only 2 per cent of what South Korea pledged. But China later said it would send an additional Rmb10m ($1.6 million) in provisions.
Several retired US admirals with China experience suggested that Haiyan provided a perfect opportunity for China to become more involved in international relief efforts.
Timothy Keating, a retired admiral who oversaw US forces in Asia as head of Pacific Command, urged China to send the "Peace Ark" hospital ship to the Philippines.
More from the Financial Times:
In an interview on Friday, Mark Montgomery, commander of the USS George Washington Strike Group which is helping the relief effort, declined to comment on whether China should send the ship.
The US has pledged $20 million and sent 12 navy ships to the Philippines to help deliver provisions and shelter for the more than 800,000 people who have been displaced by the most powerful storm to hit the archipelago in living memory. Japan is also sending a record 1,000 military personnel to help.
Albert del Rosario, the Philippines foreign minister, said that his government was "appreciative of China's kind offer of medical assistance".
"We are promptly referring China's offer to our senior officials in the department of health for a timely assessment of our current and future medical needs in the affected areas," said Mr del Rosario. "I would again wish to thank the Chinese government for their humanitarian gesture."
Philippines President Benigno "Noy Noy" Aquino last week downplayed estimates from local officials that the death toll could reach 10,000, saying it was more likely to be closer to 2,500. By Sunday, however, the official death toll had reached 3,681.
The US military on Sunday said the USS George Washington and its accompanying ships had delivered 335,000 litres of water and 35,000 kilogrammes of food to people on the eastern short of Samar, an island in the Philippines that was one of the worst hit areas in the country.
As international rescue teams help the Philippines, Filipino expatriates are coming together to raise money for friends and relatives in the country of 92m people.
In Hong Kong – where there are 180,000 Filipinos – many people were expected to organize charity events on Sunday to raise cash to send to aid organisations including the Philippine Red Cross.