Who has the upper hand in financial markets, the US or China?

🇨🇳 South China Morning Post (CN) —
Who has the upper hand in financial markets, the US or China?

AI Summary

Chinese President Xi Jinping's visit to Washington highlights China's rising financial market influence over the US. China's exports and trade surplus have surged, signaling strong economic momentum despite tariff tensions.

As Chinese President Xi Jinping arrives in Washington for his much-anticipated summit with US President Donald Trump, it is clear which country emerged stronger from the tariff shock. Last month, China’s exports rose 25 per cent in annualised terms, causing the country’s trade surplus to swell to US$119 billion and putting it on track to exceed last year’s record of US$1.2 trillion. Moreover, China’s surplus with the US rose 44 per cent to US$29 billion, the widest gap since Trump returned to...

World Politics Markets Xi Jinping US-China relations financial markets trade surplus exports tariffs economic summit

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