Chinese President Xi Jinping concludes his visit to the US on a positive note

  • Xi and US President Joe Biden agree to better manage tensions and emphasize China’s desire for friendship.
  • This reduces the risk of a crisis and military tensions.
  • Xi receives a warm welcome from important US business leaders, showcasing China’s economic clout.
  • Xi announces more measures to make China attractive to companies.
  • Fresh data suggests that China’s economy is improving.
  • A new political alignment in Taiwan increases the chances of a China-friendly leader taking power in January.
  • The positive developments are seen as a success for Xi in signaling openness to investors and stabilizing his domestic situation.
  • The week’s positive outcomes have led to a rise in Chinese stocks listed in Hong Kong.
  • The Xi-Biden agreements exceed market expectations and provide a floor on political risk for Greater China assets.