US companies' China operations won't be targeted in trade war - WSJ

Eren Sengezer FXStreet

In a recently published article, The Wall Street Journal claimed that Chinese leaders were privately offering a reassuring message about the trade conflict to American companies.

"Chinese leaders are stepping up a charm offensive with U.S. multinationals and sheathing earlier threats of retaliation as Beijing changes tack to keep the trade fight with Washington from scaring off foreign investors," the WSJ's Lingling Wei and Yoko Kubota wrote and added:

"At a meeting last month, Liu He, President Xi Jinping's economic-policy chief, told visiting American business representatives that the U.S. companies' China operations won't be targeted in Beijing's trade-braw counterattacks."

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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