China Furious After Biden Calls Xi A Dictator
Portfolio Pulse from Charles Gross
China has expressed anger after President Biden referred to President Xi Jinping as a 'dictator' in a recent interview. This could potentially strain the US-China relationship and impact the stock market.
June 21, 2023 | 10:33 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Biden's comment on President Xi Jinping as a 'dictator' may strain US-China relations, potentially impacting the iShares China Large-Cap ETF (FXI).
The negative sentiment from Biden's comment could lead to increased tensions between the US and China, potentially affecting trade and investments. This may result in a negative impact on the iShares China Large-Cap ETF (FXI) as it tracks the performance of large-cap Chinese stocks.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The strained US-China relationship due to Biden's 'dictator' comment on President Xi Jinping may have a negative impact on the S&P 500 ETF (SPY).
The potential strain in US-China relations could lead to uncertainty in the global market, affecting trade and investments. This may result in a negative impact on the S&P 500 ETF (SPY) as it tracks the performance of the US stock market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60