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China-US deal: Stop the fanfare

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While the ‘hawkish’ statements by Powell and ECB board members have caught everyone’s attention, the “audit deal” announced between the US and China last week may have escaped your attention. However, it is important news because the deal is an end to a long-running conflict, and on Wall Street. The risk of delisting from Chinese companies like Alibaba has passed.

However, it is still too early to flag.



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