NewsHK
The bilateral trade relationship between the United States and China has been the organizing variable for cross-border capital flows and supply chain decisions.
Donald Trump and Xi Jinping met at a summit that produced new agreements and an extension of the existing trade truce, though no major breakthrough was achieved.
The extension matters primarily because its absence would have mattered more. For firms managing supply chains along the US-China corridor, the continuation of the truce removes one live near-term risk.
It leaves the structural questions that underlie the bilateral relationship intact.
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