Advertisement
New Zealand markets closed
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NZD/USD

    0.5958
    +0.0008 (+0.14%)
     
  • NZD/EUR

    0.5547
    +0.0007 (+0.12%)
     
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • OIL

    83.91
    +0.34 (+0.41%)
     
  • GOLD

    2,360.30
    +17.80 (+0.76%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,117.54
    +38.68 (+0.48%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    18,050.16
    +132.88 (+0.74%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • NZD/JPY

    93.2760
    +0.7800 (+0.84%)
     

China denies offering $200 bln package to slash trade gap

China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked chaos across the global grain market. But as Ciara Lee reports, it has denied reports that it had offered a package to slash the U.S. trade deficit by up to $200 billion.