China stocks rally to a 9-month high after Beijing promises trade secret protection for foreign companies

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Beijing promised to prop up its economy and protect foreign companies' technology secrets in a bid to cool trade tensions with the US.

of a GDP growth target of 6 to 6.5% this year, a fresh bout of infrastructure spending and tax cuts totalling 1.3 trillion yuan .The US-China trade war has affected millions, including American soybean farmers and whiskey producers as well as Chinese electronics manufacturers and toy makers.

It continues to cast a shadow over the ongoing National People's Congress, one of China's tentpole political events. Chinese officials may be hoping that promises of government spending, tax cuts and greater openness to foreign business will lift sentiment and help to bring an end to the trade war.

"With a high degree of optimism over trade talks already baked into the markets, many will be left empty-handed if the final deal fails to mirror the heightened expectations."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

makes me wonder who’s selling

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks open higher on reports that U.S.-China trade deal is nearSell the market when the deal is clinched.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »