https://www.cnbc.com/2019/07/31/china-us-officials-meet-for-trade-talks-in-shanghai.html
Despite the proclamation of a constructive meeting at the end of July 2019, the US-China trade talk actually broke down because both sides couldn't agree on numerous issues. Furthermore, we could see that both countries accused each other of flip-flopping after the meeting.
The only constructive outcome was that both parties were still willing to continue the trade talk in September.
-10% to -15% correction soon.
ReplyDeleteAs I said many times before --- last chance to buy before the melt up!!!
But pls buy the right stocks!! LOL!!!
China had added Zhong Shan to China trade negotiation team. Zhong Shan is a hawk while Liu He is a dove.
ReplyDeleteThe US team will have a hard time dealing with Zhong Shan.
https://www.scmp.com/economy/china-economy/article/3018226/beijing-plays-down-commerce-minister-zhong-shans-inclusion
Robert Lighthizer is also hawk in the US team.
It will be hard to reach a deal when there are hawks on both sides.