White House Says 'We Are Feeling Like We Are Making Progress In Terms Of Opening Up Communications With China'
Portfolio Pulse from Benzinga Newsdesk
The White House has reported progress in opening up communications with China, potentially signaling improved relations between the two countries.
June 05, 2023 | 6:25 pm
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POSITIVE IMPACT
Improved communications between the US and China may positively impact the iShares China Large-Cap ETF (FXI).
As the White House reports progress in opening up communications with China, this may lead to improved relations between the two countries. This could positively impact the iShares China Large-Cap ETF (FXI) as it represents large Chinese companies that may benefit from better US-China relations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
Progress in US-China communications may have a positive impact on the SPDR S&P 500 ETF Trust (SPY) due to potential improvements in trade relations.
The progress in opening up communications with China reported by the White House may lead to improved trade relations between the two countries. This could have a positive impact on the SPDR S&P 500 ETF Trust (SPY) as it represents a broad range of US companies that could benefit from better trade relations with China.
CONFIDENCE 75
IMPORTANCE 55
RELEVANCE 50