State Department Says Increase In Tempo In Conversations With China Since Blinken's Visit To China; We Have Other Meetings With Chinese Officials That We Will Be Able To Make Public In The Very Near Future
Portfolio Pulse from Benzinga Newsdesk
The US State Department has reported an increase in the pace of conversations with China following Secretary of State Antony Blinken's visit to the country. The department also hinted at upcoming public meetings with Chinese officials.
September 27, 2023 | 5:32 pm
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NEUTRAL IMPACT
The increase in US-China dialogues could impact the iShares China Large-Cap ETF (FXI), as it may influence investor sentiment towards Chinese large-cap stocks.
The increase in dialogues between the US and China could lead to improved relations, which may positively influence investor sentiment towards Chinese stocks. However, the exact impact is uncertain as it depends on the outcomes of these dialogues.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could also be influenced by the increase in US-China dialogues, as it may affect overall market sentiment.
The increase in dialogues between the US and China could lead to improved relations, which may positively influence overall market sentiment. However, the exact impact is uncertain as it depends on the outcomes of these dialogues.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60