 "US china trade war")
Fund managers are sticking to their positions ahead of this week’s meeting between presidents Donald Trump and Xi Jinping, saying they don’t expect much progress to be made.
A common view among China investors: there’s little chance the two leaders will suddenly reach an agreement and resolve a trade dispute that has weighed on markets over the past year. Most are keeping an emphasis on domestic-focused defensive stocks, though much potential downside is already priced in, while foreign-exchange traders expect a slight weakening in the yuan.
Here are a few snippets of views on the Trump-Xi meeting:
“Nobody is really expecting anything concrete”
