Who has the upper hand in financial markets, the US or China?

China's exports have risen by 25 per cent in annualised terms, leading to a significant increase in the country's trade surplus. This surplus has swelled to $119 billion, putting China on track to exceed last year's record of $1.2 trillion. The strong trade performance suggests that China has emerged stronger from the recent tariff shock, potentially giving it an upper hand in financial markets. This development could have significant implications for the global economy, particularly in the context of the upcoming summit between US and Chinese leaders.

Why it matters

China's President Xi Jinping is meeting US President Donald Trump in a summit. The meeting could lead to a shift in the balance of power between the two countries.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.