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But so long as headwinds prevail on the U.S.-China trade war, all of China's market positives will get discounted. China securities -- stocks, bonds, and its currency -- will get discounted even more. So if you're a China bond lord, like Harris, you take it on the chin with what you have in the portfolio, and buy on the cheap with the cash position in hopes things get better over the next year or two.
China seems to have been caught off-guard by Trump this weekend, preferring to call his bluff. The news of his Tweet on Sunday was virtually blacked out on local media, including private business publishers Caixin. Threats were already circulating among trade negotiators anyway, with thepublishing a comment by one off-record source saying Trump's tariff threats are a ploy and should not be taken seriously.
"Our holdings in China tend to be in relatively defensive sectors with very low or no export dependency," says Louis Lau, director of the investments group at Brandes Investment Partners.
The market in China is huge and growth is still huge so no it’s not going away
Is this trade war end in this weekend?
Who is number 1?
Collective efforts of one billion Chinese people is helping China stay in race.
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