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China ramps up global yuan push, seizing on retreating dollar.As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.

中国商务部：如果美国想要决议，就应该停止威胁。中国商务部发言人周二表示，“如果美国想要决议，就应该停止威胁。”

China's Commerce Ministry: If the US wants resolution, it should stop making threats.A Chinese Commerce Ministry spokesperson said on Tuesday that “if the US wants resolution, it should stop making threats.”

中国：如果美国想要解决问题，就应该停止威胁。这里没什么新鲜事。中国人继续重申，他们对对话和解决方案持开放态度，但他们不会是自“美国发动关税战”以来第一个打电话的人。

China: If US wants resolution, it should stop making threats.Nothing new here. The Chinese continue to repeat that they are open for dialogue and resolution but they won't be the first to call since 'tariff war was launched by US'.

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The Shanghai Composite dipped 0.05% to close at 3,287, while the Shenzhen Component fell by the same margin to 9,850 on Tuesday, marking a third consecutive session of losses as Sino-US trade uncertainty weighed on sentiment. China reiterated that it is not involved in trade talks with the US, countering claims by President Donald Trump that he had spoken with President Xi Jinping. US Treasury Secretary Scott Bessent echoed that it was "up to China" to deescalate tensions, highlighting China’s large trade surplus with the US. Meanwhile, in a Monday press briefing, Chinese officials expressed confidence in hitting the country's 5% growth target but held back on announcing immediate stimulus, opting instead to monitor the impact of global developments. Among notable losers, BYD Company fell 1.4%, Contemporary Amperex declined 1.2%, and Luxshare Precision dropped 1.4%.