Chat with us in Facebook Messenger. Find out whats happening in the world as it unfolds.

Scaramucci on trade: China wants Trump in power

Scaramucci on trade: China wants Trump in power

China censors a lot, from Winnie the Pooh to the NBA

US blacklists 28 Chinese organizations and companies

Airline warns staff who participate in Hong Kong protests

Carrie Lam says Hong Kong protesters are hurting economy

Huawei launches operating system as a hedge in trade war

This is the worst case scenario for the US-China trade war

What blacklisting Huawei means for the US-China trade war

Why American fast food chains will do anything to win in China

Alibaba thinks US businesses are ready for their platform

Hong Kong (CNN Business)Asian stocks moved higher on Tuesday ahead of the latest round ofUS-China trade talkslater this week.

Chinese stocks rose as investors returned from a week-long holiday. The

Chinas Commerce Ministry on Tuesday said Vice Premier Liu He, the countrys chief trade negotiator,will travel to Washingtonfor the next round of trade discussions on Thursday and Friday.

Zhong Shan, the Commerce Minister, Yi Gang, the governor of Chinas central bank, and Ning Jizhe, the deputy head of the National Development and Reform Commission, will also attend the talks.

The White House also mentionedin a release Mondaythat its lead negotiators Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer will welcome Liu and his delegation. The two sides will discuss forced technology transfer, intellectual property rights and agriculture, among other issues.

A decision by the United States to put 28 Chinese entities on a blacklist may cast a shadow over the talks, though.

The US Department of Commerce on Mondayattributed that decisionto what it called human rights violations and abuses of Uyghurs and other predominately Muslim ethnic minorities in Chinas far western region of Xinjiang.

A 2018 report from the US State Department estimated that China had arbitrarily detained 800,000 to possibly more than two million Uyghurs, ethnic Kazakhs, and other Muslims in internment camps designed to erase religious and ethnic identities.

Surveillance companyHikvisionand its rival,Dahua Technology, were on the list. They both said Tuesday that they were aware of the US decision and would suspend trading of their shares. Hikvision and Dahua trade in Shenzhen.

IFlytek, a voice recognition software developer which also trades in Shenzhen, dropped 2% after it was also put on the list. The company said Tuesday that being blacklisted would not haveany big impacton its operations.

The move may fuel more tension between the two sides, wrote economists at ING in a research note. Although investors remain hopeful for at least some headway on trade.

Chinas services sector grew at its weakest pace in seven months, according toprivate survey datareleased Tuesday by the media group Caixin and the research firm Markit.

The Caixin/Markit services purchasing managers index (PMI) dropped to 51.3 in September from 52.1 in August. Thats its lowest reading since February.

Caixins manufacturing PMI released last week showedmore positive results, rising to a 19-month high. But analysts have warned that the Chinese economy is still under a lot of pressure.

Caixin/Markit also released a composite PMI survey that covered both manufacturing and services. That survey indicated an increase to 51.9 in September from 51.6 the previous month. Thats the indexs strongest rate of growth since April.

The economy showed signs of marginal recovery in September, said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group, in a statement accompanying the data. He pointed out that the labor market improved and domestic demand increased.

Still, business confidence dropped in the face of pressure from rising costs in labor and raw materials, as well as fluctuations in exchange rates, he added.

Below are some other movements among Asian markets as of 1:30 p.m. HKT:

Samsung Electronics, the worlds largest smartphone and chips manufacturer, rose 1.2% in Seoul after it reported that it expects operating profit to drop byless than what analysts predictedin the most recent quarter.

Hong Kong Exchanges and Clearing, the citys sole exchange operator, jumped 2.8

in Hong Kong after the company said it willdrop its bid for the London Stock Exchange Group.