China battens down the hatches for blustery trade winds as odds of Trump victory rise

Quick Summary:

With the chances of Donald Trump’s return to the White House growing by the day, China is making ready for the rough trading climate that would likely follow his victory.

But in contrast to the approach taken by the Joe Biden administration – where investment links have been curtailed significantly – Trump has voiced support for Chinese companies to build factories in the US and hire local workers.

Under a new Trump presidency, the two countries may find room for compromise in areas such as energy – China is a major importer and the US a prolific exporter – and US treasury bonds, which China has been offloading at record speed.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ji Siqi

Category: Business

Markets: Hong KongChinaMexico

Topics: Chinese Cent Trade Been China Trump Goods Relations Ding Tariffs Chen

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 10:00:21 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 1013 words

Reading Time: 6 minutes read

Sentences: 23 lines

Sentence Length: 45 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21659314

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 17 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions