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China trade vow helps settle financial markets

By James Sillars, business reporter
A vow by China to reach a trade settlement with the United States has helped settle financial markets after steep falls in US stocks.
Markets in Europe were lower on Wednesday but did not mirror the drastic scale of sell-off that had been seen on Wall Street on Tuesday.Values in New York had surged on Monday on hopes of a thaw between Washington and Beijing before tumbling on Tuesday amid doubts the suspension of tariff hikes agreed during talks between Donald Trump and his Chinese counterpart Xi Jinping at the weekend would lead to a concrete deal to end their trade war.
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