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Policy & Regulation

US-China thaw offers moment of calm for LNG sector

The recent easing of US-China trade tensions will calm the LNG industry for now, but how long the truce will last remains to be seen The recent easing of US-China trade tensions will calm the LNG industry for now, but how long the truce will last remains to be seen.
By Colin Shek 14 December 2018 Asia Pacific / LNG 0 33678
Leaders at the G20 summit in Argentina. (G20 Argentina/Flickr)

The recent diplomatic thaw between China and the United States has raised hopes that the fraying trade ties between the world’s biggest economies can be improved. A lasting ceasefire in their trade war that avoids more disruption to the international order is necessary for the global LNG market to continue thriving.

Beijing has taken steps to address Washington’s grievances with Chinese market access and economic policy since US President Donald Trump and his Chinese counterpart Xi Jinping declared a 90-day truce on the sidelines of the...