China more appealing based on progress in trade negotiations
Thursday 07 February 2019
Research / Market
China more appealing based on progress in trade negotiations
Chinese New Year brings some hopes on the trade front, as some details are emerging on progress with the negotiations. We expect some sort of conditional deal to be reached; however, uncertainty regarding the bilateral negotiations is likely to persist, particularly because at the core of the discussion there are structural issues such as intellectual property protection, and subsidies and SOEs (Stated-Owned Enterprises), which are not likely to be fully addressed in the short term.