White House National Security Adviser And China Officials Hold 'Candid, Substantive, And Constructive Discussions' On Bilateral, Regional, And Global Issues
Portfolio Pulse from Benzinga Newsdesk
White House National Security Adviser and Chinese officials engaged in candid and constructive discussions on various bilateral, regional, and global issues, as reported by Reuters citing a White House statement.
August 28, 2024 | 12:42 pm
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POSITIVE IMPACT
The discussions between US and Chinese officials could lead to improved bilateral relations, potentially benefiting Chinese markets and the iShares China Large-Cap ETF (FXI).
The constructive nature of the talks suggests a potential easing of tensions between the US and China. This could lead to improved economic relations, which may positively impact Chinese markets and, by extension, the FXI ETF that tracks large-cap Chinese stocks.
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