Investors hope for talks to resolve trade dispute, while new figures on UK housing show better than expected performance in March 11.37am BST Speaking of China, Barclays bank deputy chairman Sir Gerry Grimstone has praised the country’s president Xi Jinping for his “authoritarian” leadership.Grimstone - who is also chairman of Standard Life Aberdeen - said at the Boao Forum for Asia, that China was “wonderful” for UK business. In a Bloomberg TV interview, he added:The fact that Xi is prepared to give such strong authoritarian guidance within the context of a market economy is great for companies such as mine.