China Trade War Escalates But Long-Term Investors Will Be Rewarded
Why China Needs to Be a Key Investing Area
Just when we thought a resolution to the China trade war was finally going down the stretch run and there was going to be a grand celebration at the White House or the winter palace at Mar-a-Lago, this was not to be the case yet.
What started as a threatening tweet by President Donald Trump on May 5 became a reality when the U.S. raised the ante by increasing tariffs on $200.0 billion of Chinese goods to 25% at the stroke of midnight on May 10.
While the U.S. stock market fell on the tariff news, the Shanghai Composite Index jumped 3.1% in a somewhat strange reaction.
Versus the S&P 500, Chinese stocks are actually.
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