President Xi at Boao Forum

Posted: April 10, 2018 in Uncategorized

China is really taking the lead from the US in saving the world (and stock market).

 

President Xi speech was quite conciliatory. The salient points are

  • It did not attack President Trump (saying that Cold War and zero-sum games mentality are our of place)
  • Strengthen intellectual property laws
  • Open economy, cut tariff (specially autos)

There are no details, this is not the end of the trade negotiation – but it is an olive branch.

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