Equity World – Started trading China stocks on Wednesday (11/01), the Shanghai index opened weak, when it was observed down -6.10 points or -0.19 percent at 3155.58. The weakening of the Shanghai stock exchange triggered khati prudent investor looking at the first speech of US President-elect Donald Trump.
On Wednesday, Trump will hold his first press conference since winning the election, which will give you further instructions and details about policy preferences after officially become president on January 20.
Some of the statements related to China’s Trump had to grip the sides of Beijing, on suspicion of Trump stating China is a currency manipulator and also comments about the one China Policy.
China’s state-run tabloid Global Times warned US President-elect Donald Trump that China would “retaliate” if he reneged on the one-China policy, just hours after the president of Taiwan perform controversial stopover in Houston.
President of Taiwan Tsai Ing-wen to meet senior US lawmakers from the Republican Party during his stopover in Houston on Sunday a trip to Central America, where he will visit Honduras, Nicaragua, Guatemala and El Salvador. Tsai will stop in San Francisco on Jan. 13, a trip back to Taiwan.
China has asked the United States not to allow Tsai to enter or have an official government meeting under a China policy.
However, positive sentiment still comes with the optimism of China’s economic growth in 2016 will reach 6.7 percent.
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