‘Crisis point’: Foreign policy experts and investors are divided on China
Publishing timestamp: 2023-02-17 12:57:36
Summary
Top foreign policy experts expressed grave concerns about the state of US-China relations at a Council on Foreign Relations meeting this week. However, Wall Street strategists and fund managers are more focused on Beijing's expected economic revival in 2023. They are betting on large-cap tech names such as Alibaba, Pinduoduo, JD.com, and Baidu. Apple CEO Tim Cook is set to visit China in March.
Sentiment: MIXED
Tickers: AAPL, .SPX, FXI, BABA,
Keywords: defense, apple inc, s&p 500 index, alibaba group holding ltd, ishares china large-cap etf, business news, china,