Are you tired of winning yet?
Trump met with Chinese President Xi Jinping to discuss several issues, including the massive trade imbalance between the nations.
Of course, he came out on top.
It is being reported that Beijing is offering the Trump Administration greater market access to avoid an all-out trade war between the two powers.
The Financial Times claims that these concessions are not all that difficult for Beijing.
“At present, foreign investors cannot hold a majority stake in securities and insurance companies in China. The country’s largest companies in these sectors, such as Citic Securities and China Life Insurance, have achieved enormous scale in the 15 years since the world’s second-biggest economy joined the World Trade Organization, making them formidable competitors for new entrants to the market.”
Apparently China is also planning to end the 14-year ban on United States imports, as well as purchasing more grain from America in an attempt to ease escalating trade tensions.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
4 comments:
He does what he promised, how many presidents have accomplished so much in such a short time? We would also have a new and better health care plan if Democrats, and spine less Republicans had really come to the table. We can wait and see how far Obama Care ruins this country and people who can't afford a choice, see how long it takes for it to bottom out where they can no longer deny the big "O" mistake.
WTG Donnnnnald, ... SIR!
The ability to own investments in China will certainly benefit all you international investors here in the slower lower.
This is what happens when a businessman is at the helm!
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