President Xi Advocated For Mutual Respect And Collaboration, Stressing There Is No Substitute For Face-To-Face Communication And Expressing A Desire To Hear Opinions From U.S. Senators On The Other Side
Portfolio Pulse from Charles Gross
Chinese President Xi Jinping has expressed a desire for mutual respect and collaboration with the U.S., emphasizing the importance of face-to-face communication. He also expressed interest in hearing opinions from U.S. senators.
October 09, 2023 | 8:53 am
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POSITIVE IMPACT
The news of President Xi's desire for improved relations with the U.S. could potentially impact the iShares China Large-Cap ETF (FXI).
Improved relations between the U.S. and China could lead to a more favorable investment climate for Chinese companies, potentially boosting the performance of the FXI ETF.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The news of President Xi's desire for improved relations with the U.S. could potentially impact the SPDR S&P 500 ETF (SPY).
Improved relations between the U.S. and China could lead to a more favorable investment climate globally, potentially boosting the performance of the SPY ETF.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70