U.S., China Talks Gather Momentum, Paving Way For Xi-Biden Summit; Both Governments Are Discussing Washington Visits By A Senior Chinese Economic-Policy Official And The Foreign Minister
Portfolio Pulse from Benzinga Newsdesk
The U.S. and China are progressing with high-level official exchanges and other steps to improve their turbulent relations, potentially leading to a visit by Chinese leader Xi Jinping to the U.S. This development could pave the way for a Xi-Biden summit.
September 28, 2023 | 3:05 pm
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POSITIVE IMPACT
The potential improvement in U.S.-China relations could have a positive impact on the iShares China Large-Cap ETF (FXI), as it could lead to a more favorable investment environment.
Improved U.S.-China relations could lead to a more favorable investment environment, which could positively impact the performance of the iShares China Large-Cap ETF (FXI), which tracks the performance of large-cap Chinese equities.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The potential improvement in U.S.-China relations could have a positive impact on the SPDR S&P 500 ETF (SPY), as it could lead to a more stable global economic environment.
Improved U.S.-China relations could lead to a more stable global economic environment, which could positively impact the performance of the SPDR S&P 500 ETF (SPY), which tracks the performance of the S&P 500 Index.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70