"Remember that the FXI [is made up of] large-cap companies, and they've actually been more affected by trade talks," she said Thursday on CNBC's "." "So the signing of a phase one trade deal, while it does ensure that we have tariffs, it provides some certainty."
Given that the tariffs also actually ended up hitting small-cap Chinese stocks more than their large-cap counterparts, Sanchez said there is "probably value" that will be "trapped for a period of time" as the market determines the true impact of the coronavirus.
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