President Trump tweeted on Saturday morning signaling that he's ready for a third summit with North Korea's Kim Jong Un, stressing the two have an "excellent" relationship.
The backdrop: Hours earlier, Kim said he was prepared for another meeting with Trump as well, but stipulated that the U.S. has until the end of the year for the sit-down, noting the most recent summit ended without agreement, reports Al-Jazeera. "It is essential for the U.S. to quit its current method and approach us with a new one," Kim said in a speech to the Supreme People's Assembly on Friday. Earlier this month, Secretary of State Mike Pompeo said he's "confident" another meeting between the U.S. and North Korea will take place, per Politico.
The People's Bank of China released the monthly credit data for March earlier today, and it appears that policymakers are adding credit growth to all the other stimulative measures like tax cuts, infrastructure spending and preferential policies to keep the economy stable.
Why it matters: China's policymakers have spent the last several months working hard to mitigate the effects of the trade war with the U.S., and so far it looks like their efforts may be working, at least in the short term.
Greece joined China’s club of Central and Eastern European countries during the group’s meeting in Croatia Friday, in another symbolic victory for the Belt and Road Initiative (BRI) just weeks after China signed a memorandum of understanding with Italy.
The big picture: China has long insisted that this grouping, now the “17+1” format, will not undermine the European Union. But it has adopted very different investment strategies in EU and non–EU countries.
