3 Reasons Why China’s Markets Laughed Off Trump’s Trade War Escalation

There's a surprising amount of optimism in the air as the U.S. imposes higher tariffs.


10 May, 2019FORTUNE.COM

3 Reasons Why China’s Markets Laughed Off Trump’s Trade War Escalation | BEAM

The Chinese markets had a surprisingly good day Friday, given that the U.S. just massively jacked up tariffs against Chinese imports, and the trade negotiations between the two countries appear likely to fail.

The Hang Seng Index, having seemed set to plummet around lunchtime, ended up 0.84% up on the day. The Shanghai Composite Index did even better, soaring 3.1% by close. And the positivity may be spreading: the Stoxx Europe 600 Index is up 0.76% at the time of writing....

This article can only be viewed by registered members. Please log in to view it.

Be Part of this Story


More Stories


AboutContactEnglish