he wrote: that s despite us claims that china is providing vital war material to russia. president macron is expected to warn president xi against backing russia in the conflict. let s speak to jonathan cheng, the china bureau chief for the wall streetjournal. thank you forjoining us today, jonathan. let s talk about the wider diplomacy first. president xi has been on somewhat of a diplomatic blitz recently, although usually receiving visitors rather than going abroad. how significant do you think this troop is? i how significant do you think this troop is? this troop is? i think it s re this troop is? i think it s pretty important - this troop is? i think it s l pretty important because, this troop is? i think it s - pretty important because, as you point out, he rarely leaves china these days and certainly during covid he didn t and this is one of his few trips outside and i think it s significant because i think in beijing, they still see europe as potentially winnable, i
as a model of peaceful co existence. what does he want from the visit? good morning and thank you for the invite. the chinese administration has a twofold agenda. normalising the relationship with europe. europe has lodged a sequence of blow with china and some practices of trade. and on the political side, with the ukraine and russia block and the european countries are, let s say, quite upset by the fact that now some companies in china are supporting. , russian companies are supporting the russian war effort and this is clearly a problem. the second thing is clearly the huge and massive trade imbalance between europe and china which is something that the french president as pointed out as something that needs to be dealt with in the short term. figs needs to be dealt with in the short term- short term. as we were mentioning short term. as we were mentioning and - short term. as we were mentioning and you - short term. as we were - mentioning and you alluded to that, se
(Bloomberg) Global fund managers who’d been holding back on China are wading back in.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsThe MSCI China Index has climbed 24% from a January low, when
Analysts see limited initial market impact, but there is concern over the precedent, which other countries might follow in the future, negatively impacting equity risk premiums.