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China’s Comeback: Foreign Investors “Still Bullish” on China

The Chinese government retorted to Trump’s recent comments about how higher tariffs are causing businesses to move production out of China. According to Chinese foreign ministry spokesman Lu Kang, foreign investors continue to remain bullish on China, contrary to Trump’s remarks.

On Sunday, Trump had remarked during an interview that companies were moving production facilities outside China to Vietnam and other Asian nations on account of his move to impose higher tariffs on goods manufactured in China.

Last week, both sides had announced a range of higher tariffs on each other. In addition, the US had signed off on an order effectively preventing US businesses from supplying technology without approvals to Huawei and preventing US companies from using Huawei’s telecom equipment.

Over the past few days, China too is sounding less interested in proceeding with trade negotiations. Markets remain concerned that trade talks between the two world leaders would not resume anytime soon.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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