Following a period of economic turmoil caused by trade friction between the U.S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. After Trump announced that he would postpone the March 1 deadline for Chinese import tariff hikes, the CSI 300 Index recorded a 6 percent surge last Monday. The Shanghai Composite Index also recorded its best day since June 2015, after it closed with a 5.6 percent gain. It will be recalled that over the past few weeks,
The post US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally appeared first on CCN
source https://www.ccn.com/us-china-trade-optimism-fuels-1-trillion-chinese-stock-rally
READ MORE http://bit.ly/2TrYAC5
from Cryptocurrency News https://ift.tt/2IQ8iKH
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment