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US and China Trade War: CSI 300 jumps after Trump delay



The base rate of Shanghai Composite ( SHCOMP ) exceeded 5.6% on Monday, which is the largest daily percentage increase since July 2015. This raised him to a bullish market, which is defined as an increase of at least 20% from the recent low level.
Some of the encouragements came from US President Donald Trump, who announced that he would postpone a big increase in Chinese export tariffs to give the two countries more time to reach a trade agreement. Trump said that trade negotiations had made "substantial progress" and that he would meet with Chinese President Xi Jinping "to conclude an agreement" if the talks continue to evolve. the development of the financial industry of China, which investors have interpreted as encouraging the transfer of money to the sector.

China shares last year were afraid of the country's economic downturn and its trade war with the United States. They have been rallying since the beginning of 201

9, partly because of growing hopes for a cessation of damaging hostilities between the two world's largest economies.

"I can almost hear the collective sigh of relief in the region this morning," Jeffrey. Holly, an OBA online broker in Singapore, said in a commentary to the market on Monday, citing a delay in US tariff increases. He noticed that other Asian economies "are so tightly connected with the state of China when the waves are felt far and wide."

  The stock market in China was horrible in 2018. This year may be much better
Stock Indices in Tokyo ( N225 ) and Kong ( HSI ) ] showed a modest gain of less than 1%. But they were a dwarf from the jump in Mainland China.
The CSI 300, which tracks stocks in Shanghai and Shenzhen, was tightly observed by 6%. It raised him to the territory of the bull market. China's key figures last year fell to the bearish market, which is 20% less than the last time.

Hao Hoon, chairman of the strategy of the brokerage company BOCOM International, said that great success on Monday helped Xi's comments on the Chinese Financial Industry.

In a speech at a senior management meeting, which was reported by government media on the weekend, Ci said China should strengthen the ability of the financial sector to serve the real economy. This includes "the need to create a standard, transparent, open, dynamic and sustainable capital market," according to a report from the official Xinhua news agency.

In spite of the wide-ranging nature of the Chinese comments, Chinese investors considered them Hong's view of pouring money into the securities markets

Financial stocks on Monday led to growth in Shanghai. Shares in several major brokerage companies, including Citic Securities and China Galaxy Securities, increased by 10%.

  Fears about China's trade and economic downturn have had a significant impact on China's stock markets. trade warfare and China's economic downturn had a significant impact on China's stock markets. Despite encouraging signs of trade talks between China and the United States, many risks remain. </p>
<p>  Two countries began imposing heavy new tariffs on huge exports of each other in July, causing investor anxiety and violating company operations around </p>
<p>  The US government was to raise tariffs by $ 200 billion Chinese goods from 10% to 25% 2 March, if both parties were unable to reach an agreement by this time. </p><div><script async src=

"The suspension of tariffs and the increased likelihood of a more recent agreement must be positive for international trade and business in both countries, as well as in the global economy as a whole," said Louis Cuis, head of Asian economics at the research firm Oxford Economics. Trade is pushed by the struggle. the world economy is getting closer to the edge "data-src-mini =" // cdn.cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade-fights-restricted-small-169.jpg "data-src- xsmall = "// cdn.cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade-fights-restricted-medium-plus-169.jpg" data-src-small = "http: // cdn. cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade-fights-restricted-large-169.jpg data-src-medium = "// cdn.cnn.com/cnnnext/d am / assets / 190214145132-03-economy-trade-fights-restricted-exlarge-169.jpg data-src-large = "// cdn.cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade -fights-restricted-super-169.jpg data-src-full16x9 = "// cdn.cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade-fights-restricted-full-169.jpg" data-src-mini1x1 = "// cdn.cnn.com/cnnnext/dam/assets/190214145132-03-economy-trade-fights-restricted-small-11.jpg data-demand-load =" not-loaded " data-eq-pts = "mini: 0, xsmall: 221, small: 308, medium: 461, large: 781" src = "data: image / gif; base64, R0lGODlhEAAJAJEAAAAAP /////// wAAACH5BAEAAAIALAAAAAAQAAkAAaIKilI + py + 0Po5yUFQA7 "/>

The deadline for raising tariffs will be, or when it is most likely to be met by Xi. He said the meeting will be held at the Mar-La-Lagos resort in Florida.

Kuijs and other analysts warned that investors should not admire the challenges of Beijing and Washington in reaching agreement on complex issues, including China's industrial policy, intellectual property protection and technology transfer

"This is clearly not the end of negotiations, not speaking about the main tension between the two countries, "said Kuyys.

"We do not expect to reduce existing tariffs in the near future," he added. "It's also not clear whether there will be a significant reduction in other US technology constraints or a change in its position with respect to Huawei."

The US government is trying to persuade allies to close the Chinese technology company Huawei ultra-fast 5G wireless networks, citing security issues. US prosecutors also accused Huawei of criminal proceedings, including the theft of commercial secrets and evasion of sanctions. The company denies all allegations against it.


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