China Running Out of Options in Trade Dispute

Beijing finally sacrifices LNG; Politburo and central bank take action

People sit in front of a screen showing stock prices at a brokerage company in Beijing on July 11. Nicolas Asfouri/AFP/Getty Images

News Analysis

While the United States and China are upping the ante in their ongoing trade dispute, so far the effects on the Chinese economy and financial markets have been far more pronounced than on the United States.