Senior U.S. Official Says U.S., China Plan To Hold At Least Annual Meetings On Export Control Information Exchange
Portfolio Pulse from Happy Mohamed
A senior U.S. official has announced that the U.S. and China plan to hold at least annual meetings on export control information exchange. This could potentially impact trade relations between the two countries.
August 28, 2023 | 1:36 pm
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NEUTRAL IMPACT
The planned annual meetings between the U.S. and China on export control information exchange could impact the iShares China Large-Cap ETF (FXI).
The meetings could lead to changes in export control policies, which could impact the performance of large-cap Chinese companies included in the FXI ETF. However, the exact impact is uncertain at this point.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The planned annual meetings between the U.S. and China on export control information exchange could impact the SPDR S&P 500 ETF (SPY).
The meetings could lead to changes in export control policies, which could impact the performance of companies included in the S&P 500, and thus the SPY ETF. However, the exact impact is uncertain at this point.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70