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Comparing Trump, Xi at G20 summit: China seems a safe bet for investors

How should investors position themselves when the world's two largest economies look like they are from two planets?

Donald Trump, Xi Jinping
US President Donald Trump with Chinese counterpart Xi Jinping on the sidelines of the G20 summit | File Photo: Reuters

The US is from Mars, China is from Venus – or at least, that’s the impression left by last weekend’s Group of 20 summit.  Markets this week whipsawed as they digested the high-level dinner between President Donald Trump and his Chinese counterpart Xi Jinping. A direct side-by-side comparison of the two statements that came out of that meeting couldn’t have looked more different, and investors have started to fret that Trump had overstated his successes, again. As of Wednesday morning, all we have from the Chinese is a vague acknowledgement that there ...