China's yuan jumped to a more
than four-month high against the U.S. dollar and Chinese shares
surged on Friday after Reuters reported the United States and
China agreed to reduce existing tariffs and delay new ones due
to take effect this weekend.
When China's top legislature
criticised a Hong Kong court's rejection of a face mask ban
there, some global firms began to fear the potential for
mainland interference in commercial contracts, lawyers and
finance executives said.