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Benzinga
Benzinga
Business
Piero Cingari

A Double Jolt For Chinese Stocks — Thanks To Trump And Beijing's Big Bet

Donald Trump Beijing United States China ETF
United,States,Tariffs,Government,Import,Tariff,China,to,Increase,The,American

U.S.-listed Chinese stocks rallied sharply Wednesday morning, as Beijing's new stimulus targeting consumer loans and service-sector businesses signaled a deeper commitment to reviving domestic demand and supporting economic growth, adding to the momentum sparked two days earlier by President Donald Trump's extension of the U.S.-China trade truce.

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