17-05-2024 00:22 via ft.com

FirstFT: China trade experts urge Xi Jinping to respond with caution to US tariffs

Also in today’s newsletter, Shein switches focus to London IPO, and China’s biggest banks launch first sales of special loss-absorbing debt

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Soup sales up and sun cream down in wet June

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Gold’s share of global reserves set to rise as dollar’s popularity wanes

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