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Trump is a 'transactional president' but may not rock the boat on China, Standard Chartered CEO says - TL;DR CNBC

Trump is a 'transactional president' but may not rock the boat on China, Standard Chartered CEO says

Publishing timestamp: 2024-01-16 06:28:31


Summary

The article discusses the possibility of former U.S. President Donald Trump returning to power and his potential approach towards China. Standard Chartered CEO Bill Winters believes that Trump would be a "transactional president" but unlikely to disrupt the Biden administration's efforts to rebuild relations with China. Winters emphasizes the importance of stabilizing the U.S.-China relationship for the benefit of the global economy. Despite being headquartered in the UK, Standard Chartered remains optimistic about the Chinese economy in the medium to long term.


Sentiment: NEUTRAL

Tickers: STAN-GB37ZM-GB

Keywords: politicseconomymarketsceobreaking news: marketsbusiness newselectionsbreaking news: economyjanet yellenbreaking news: politicsxi jinpingjoe bidendonald trumpbanksu.s. economyunited statesstandard chartered plcgovernment and politics

Source: https://www.cnbc.com/2024/01/16/stanchart-trump-is-transactional-but-may-not-rock-the-boat-on-china.html


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