Top Chinese Diplomat, In Meeting With Former U.S. Treasury Secretary: Urges U.S. To Take Practical Measures To Lengthen "Positive List", Shorten "Negative List" Of Policy Moves
Portfolio Pulse from Benzinga Newsdesk
A top Chinese diplomat has urged the U.S. to take practical measures to lengthen the 'positive list' and shorten the 'negative list' of policy moves, in a meeting with the former U.S. Treasury Secretary. This could potentially impact the trade relations between the two countries.
September 26, 2023 | 1:27 pm
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NEUTRAL IMPACT
The Chinese diplomat's call for policy adjustments could impact the iShares China Large-Cap ETF (FXI), which tracks the performance of large-cap Chinese equities.
The call for policy adjustments by the Chinese diplomat could potentially impact the trade relations between the U.S. and China. This, in turn, could affect the performance of large-cap Chinese equities, which the iShares China Large-Cap ETF (FXI) tracks.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could also be impacted by the Chinese diplomat's call for policy adjustments, as it could affect U.S.-China trade relations.
The call for policy adjustments by the Chinese diplomat could potentially impact the trade relations between the U.S. and China. This, in turn, could affect the performance of the U.S. stock market, which the SPDR S&P 500 ETF (SPY) tracks.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70