Deteriorating US-China relations is not reflected in markets

US-China

Hussein Sayed Tensions between the world’s two largest economies are on the rise. After ordering the shutdown of China’s consulate in Houston and claiming two Chinese hackers targeted US companies working on the virus and stealing information, we are yet to see the Chinese response. US-China relations have already been worsening since the beginning of the year on several fronts including the handling of the coronavirus, cutting Huawei’s operation in the US and abroad, revoking Hong Kong’s special status after China imposed a new national security law on the city…

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