How the Coronavirus Is Helping China Win the Trade War

Chinese authorities successfully pushed phase one of the trade deal through seemingly before the Trump administration became aware of the full extent of the coronavirus. The crisis will make it near impossible for China to fulfill its side of the bargain. The post How the Coronavirus Is Helping China Win the Trade War appeared first on CCN.com

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US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally

Following a period of economic turmoil caused by trade friction between the U.S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. After Trump announced that he would postpone the March 1 deadline for Chinese import tariff hikes, the CSI 300 Index recorded a 6 percent surge last Monday. The Shanghai Composite Index also recorded its best day since June 2015, after it closed with a 5.6 percent gain.…

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Dow Rally Plows Ahead as China Trade Optimism Grows

Stock indices including the Dow traded higher after Wednesday’s open and were on track for their fourth consecutive daily advance, as sentiment around U.S.-China trade negotiations improved following the conclusion of mid-level talks in Beijing. Recovery Continues All of Wall Street’s major indexes were holding onto firm gains as of mid-morning, with the Dow Jones The post Dow Rally Plows Ahead as China Trade Optimism Grows appeared first on CCN

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