China’s Profit Rebound Means Little for Bulls Fixated on Trade

China’s Profit Rebound Means Little for Bulls Fixated on Trade

Chinese corporates are likely to deliver their best earnings growth in years this results season. Yet, stock traders fixated on US-China tensions say the recovery in profits would mean little to the market should progress in trade negotiations falter.

China’s profit rebound means little for bulls fixated on trade

Xi and Trump are expected to finalise a deal this week in South Korea when they sit down in person for the first time since the US president returned to power