Mexico’s tariff news follows a plan to plan to implement the rules of origin for indirect shipment.
Natix Asia Pacific’s Chief Economist Alicia Garcia Herero commented on China’s views for business terms, saying:
“Realing in the second half will be very difficult. So it is going to hit Chinese exports indirectly. Therefore, the second half is difficult and the government is preparing.”
The latest trade development came as a preparation for the next round of America and China’s trade talks. China’s chief trade negotiator Lee Chengang has planned to return to Washington to discuss the terms of trade. The result of business talks can be important given China’s dependence on ‘third countries’ and tariffs targeted to target Chinese shipment.
The mainland stock market again moves towards the record high
On Wednesday, August 27, the CSI 300 of the mainland China and the Shanghai Composite Index withdrew 1.49% and 1.76% respectively, briefly after reaching the new year-to-high level.
Despite retreating, optimism on Beijing’s 5% GDP development targets, supported by policy measures, continues demand for mainland-list shares. The CSI 300 and Shanghai Composite were up 1.19% and 0.58% respectively during the August 28 season.
Both index continue to perform better than the NasDaq Composite index, but year-to-year hang Seng index. CSI 300 received 9.4% and 12.7% YTD in August. Shanghai composite increased 8.5% and 14.1% ytd in August. Hang Seng lead, 24.8% ytd, well ahead of 11.8% of Nasdaq
The next stimulation measures of business development and Beijing are important for market speed. A growth in US-China business stress and delay in fresh stimulation can be exposed to a sense of rapid.