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Business from other Asian nations increases, but not enough to offset declines from China

Brad Setser, a researcher with the Council on Foreign Relations, noted that the RMB exchange rate is now close to equilibrium. He expects the RMB will remain stable at the current level with China's current account surplus and its efforts to deal with capital outflows.

Business representatives welcomed the leaders' pledge, and urged the EU and China－the two main partners－to move quickly to rebuild confidence in the multilateral system.

Built by competitive cousins William Waldorf and John Jacob Astor IV the original Waldorf Hotel first opened at 33rd street and Fifth Avenue in 1893. Four years later the Astoria was constructed next door. When they were combined they created the largest hotel in the world. The hotels had an alley separating the buildings because of the fraught relationship.

Buhari extended congratulations on the successful 2018 Beijing Summit of the Forum on China-Africa Cooperation, which concluded on Tuesday.