U.S. President Biden Met With Top Chinese Diplomat Wang Yi On Friday; Told China's Wang U.S. And China Need To Manage Competition In Relationship Responsibly And Maintain Open Lines Of Communication
Portfolio Pulse from Benzinga Newsdesk
U.S. President Biden met with top Chinese diplomat Wang Yi, emphasizing the need for responsible competition and open communication between the U.S. and China.
October 27, 2023 | 6:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The meeting between U.S. President Biden and Chinese diplomat Wang Yi could influence the iShares China Large-Cap ETF (FXI).
The meeting between U.S. and Chinese officials could potentially influence the performance of the iShares China Large-Cap ETF (FXI), as it reflects the overall performance of the largest companies in the Chinese stock market. However, the exact impact will depend on the outcomes of the discussions and subsequent policy decisions.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The meeting between U.S. President Biden and Chinese diplomat Wang Yi could influence the SPDR S&P 500 ETF (SPY).
The meeting between U.S. and Chinese officials could potentially influence the performance of the SPDR S&P 500 ETF (SPY), as it reflects the overall performance of the U.S. stock market. However, the exact impact will depend on the outcomes of the discussions and subsequent policy decisions.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50