🇨🇳🇺🇸 China and the USA take a step towards de-escalation

A representative of the Ministry of Commerce of China stated that Beijing and Washington intend to resolve differences to stabilize trade relations.

What is important:

• it is about stabilization, not escalation

• China emphasizes readiness for dialogue and negotiations

• trade confrontation impacts the global economy, and both sides are beginning to recognize this

💡 For the markets, this is a signal:

less geopolitical tension → less risk → more room for growth of risk assets.

For now, these are words, but even a change in rhetoric is already positive.

Markets always react in advance.

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