U.S. Treasury Secretary Said Her Visit Aimed To Establish And Deepen Ties With China's New Economic Team, Reduce Misunderstanding Risks, And That The Direct, Substantive, And Productive Meetings Have Put U.S.-China Ties On A Surer Footing
Portfolio Pulse from Charles Gross
U.S. Treasury Secretary has visited China with the aim to establish and deepen ties with China's new economic team and reduce misunderstanding risks. The meetings have been described as direct, substantive, and productive, putting U.S.-China ties on a surer footing.
July 09, 2023 | 1:13 am
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POSITIVE IMPACT
The strengthening of U.S.-China ties could potentially benefit the iShares China Large-Cap ETF (FXI) as it may lead to increased stability and potential growth in the Chinese market.
The U.S. Treasury Secretary's visit to China and the subsequent strengthening of ties could lead to increased stability in the Chinese market. This could potentially benefit the iShares China Large-Cap ETF (FXI), which tracks the investment results of an index composed of large-capitalization Chinese equities.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The SPDR S&P 500 ETF (SPY) could also potentially benefit from the strengthening of U.S.-China ties, as it may lead to increased global economic stability and growth.
The U.S. Treasury Secretary's visit to China and the subsequent strengthening of ties could lead to increased global economic stability and growth. This could potentially benefit the SPDR S&P 500 ETF (SPY), which tracks the investment results of an index composed of large-capitalization U.S. equities.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70