FAST FIVE: China's Hu Warns Beijing Is Preparing For Ties With Washington To Further Unravel

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Hu Xijin, the Global Times editor whose twitter feed has been described as a weapon used by Beijing to hammer American markets, tweeted yet another warning on Wednesday that the US-China trade war won't be ending any time soon.

Beijing also appears to be reiterating its determination to stand its ground against the US as the economic data out of China continues to disappoint.

Once again, it confirms that the US tariffs have placed China at the center of a global recession in auto sales.

The China Association of Automobile Manufacturers (CAAM).

Trump has continued to insist that he will be meeting with Xi in Osaka, though Beijing has been somewhat more vague about the prospects for a meeting.

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