China Defence Ministry Says Urges U.S. To Stop Any Provocative Actions And Undermine Regional Peace And Stability; Chinese Military Resolutely Defends Its National Sovereignty, Security And Maritime Rights And Interests
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China's Defence Ministry has urged the U.S. to stop any provocative actions that undermine regional peace and stability. The Chinese military is committed to defending its national sovereignty, security, and maritime rights and interests.
October 20, 2023 | 1:46 pm
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NEGATIVE IMPACT
The news may increase geopolitical tensions, potentially affecting the iShares China Large-Cap ETF (FXI).
The ETF, which tracks large Chinese companies, could be negatively impacted by increased geopolitical tensions and potential disruptions to trade or economic relations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
The news may increase geopolitical tensions, potentially affecting the SPDR S&P 500 ETF (SPY).
The ETF, which tracks the S&P 500 index, could be negatively impacted by increased geopolitical tensions and potential disruptions to trade or economic relations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 65