Published: 1:00pm, 7 Oct, 2018 Updated: 4:27pm, 9 Oct, 2018
China's economy will see an extra $110bn available for lending as a result of the government-announced cut to the amount that commercial banks must put aside at the People's Bank of China, effective as of 15 October. The move is expected to push up interest rates and make it harder for Chinese companies to borrow from overseas markets. US Vice President Mike Pence stated that China's stock market dropped 25% from Q1 to Q3 as a result of the US's strong opposition to China's trading practices.