China stocks are rebounding once again amid hopes that a fierce U.S. trade war will ease, though Trump tariffs remain extremely high. Several Chinese stocks that trade in the U.S. are showing strength.

Stocks looked set to rise again on Friday, as investors focused on signs that China and the U.S. could be set to open trade talks instead of a disappointing batch of Big Tech earnings. Futures tracking the Dow Jones Industrial Average rose 304 points,

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week. Beijing's central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements to