Friday, August 28, 2020

Tweedledum and Tweedledee

One thing is clear though: companies on the Chinese mainland believe that whoever is in the White House - the tough stance on China is here to stay.
"A Democrat, whether in the White House, Senate or Congress, would have little reason to roll back Trump's toughness on China without some concession in return," said Tariq Dennison, a Hong Kong-based investment adviser at GFM Asset Management told me. "One thing both parties seem to agree on in 2020 is to blame China for any of America's problems that can't be easily blamed on the other party. That's not going to change anytime soon."

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