China's He Says Looking For Effective Measures To Put U.S.-China Economic And Trade Relations Back On Track
Portfolio Pulse from Benzinga Newsdesk
China's representative He has expressed interest in finding effective measures to restore U.S.-China economic and trade relations.
November 09, 2023 | 6:41 pm
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POSITIVE IMPACT
The potential restoration of U.S.-China trade relations could positively impact the iShares China Large-Cap ETF (FXI).
The FXI ETF tracks the performance of large-cap Chinese equities. Improved U.S.-China trade relations could boost these equities, thereby positively impacting the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The potential restoration of U.S.-China trade relations could also positively impact the SPDR S&P 500 ETF (SPY).
The SPY ETF tracks the performance of the S&P 500, which includes companies that could benefit from improved U.S.-China trade relations. Therefore, the ETF could see a positive impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70