Monday, September 30, 2019
Trump's Plan to Restrict U.S.-China Investment
According to reports, the White House may be looking to restrict capital flows into China and try to limit Chinese companies from trading on U.S. exchanges. Trump said in May that "Trade wars are good, and easy to win." Now the White House feels the need to widen the struggle with China from a dispute into a whole new arena involving potential capital controls. This comes at a sensitive time for U.S. and China relations due to the two countries seeking a resolution in Washington later in the month with a Chinese delegation coming to talk about the trade dispute. Monday will be the last chance for Chinese investors to react to the new risk before the 5-day market closure until October 8th.
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This coming month with tell a lot about where the national and international economies are going. With all that is going on how confident do you think investors are at the moment in both the Chinese and American economies?
ReplyDeleteJoey, it really depends if the trade war will keep escalating or it will die down. If it escalates we can expect there to be less confidence when investing, vice versa. I think investors in both economies also have the same outlook. Any news about the trade war good or bad will have an affect on their investing rationale.
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