• Chinese Premier, Li: the relationship with the United States will develop regardless of who wins the election

Market news

21 September 2016

Chinese Premier, Li: the relationship with the United States will develop regardless of who wins the election

"China and the United States will continue to develop a positive relation no matter who wins the US presidential election," - said Chinese Premier Li Keqiang at the economic forum in New York, at the same time refusing to name the candidate he supports. Republican Donald Trump threatened to raise tariffs on Chinese goods, and to insist on more stringent trade talks if elected. His Democratic rival Hillary Clinton changed tactics on trade, spoke out against the Pacific Trade Agreement, which it had previously approved of.

Li Keqiang, who attended the UN General Assembly in New York, said that the US elections are an internal matter. "No matter who will be elected, I believe that the Chinese-US relations will continue to grow steadily and in a positive direction." In addition, Li Keqiang responded to complaints from foreign business leaders about the limited access to the Chinese market, saying that China was open to foreign investment, although some sectors of the economy have not yet "matured".

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.