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Май
2025

China Market Update: Substantial Progress, Tariffs Reduced To 10% For 90 Days

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Asian equities cheered the initial positive comments concerning the US-China trade meeting over the weekend and the India-Pakistan truce, as the Renminbi appreciated nearly +0.5% versus the US dollar. Indonesia, Thailand, and Singapore were closed for Vesak Day, celebrating the birth, Enlightenment, and death of the Buddha.



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