China's Trade Hinges On Better Policy Relations Around The World – Starting With Israel, Some Say
Portfolio Pulse from Daniel Harrison
China's international policy stance and its reaction to global events, particularly the Hamas attacks in Israel, could potentially affect its trade growth and global status as a major trading partner. The country's focus on improving its international relations is crucial as its economic growth seems to be declining. The International Monetary Fund has revised down China's growth prospects for this year and next to 4.2%. Despite the country's property rout over the past year, exporter stocks such as PetroChina, Li Auto, BYD, XPeng have offered investors a silver lining as the Chinese government has invested heavily in its energy and innovation sectors.
October 11, 2023 | 2:30 pm
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NEUTRAL IMPACT
BYD's stock could be affected by China's international policy stance and its economic growth prospects.
BYD's stock performance could be influenced by China's international policy stance and its economic growth prospects.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Li Auto's stock could be affected by China's international policy stance and its economic growth prospects.
Li Auto's stock performance could be influenced by China's international policy stance and its economic growth prospects.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PetroChina's stock could be affected by China's international policy stance and its economic growth prospects.
PetroChina's stock performance could be influenced by China's international policy stance and its economic growth prospects.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
XPeng's stock could be affected by China's international policy stance and its economic growth prospects.
XPeng's stock performance could be influenced by China's international policy stance and its economic growth prospects.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50