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China’s state-backed ‘National Team’ may rescue stocks from trade war woes

  • The "National Team" is a group of institutional investors that was formed after a sharp Shanghai Composite index correction in 2015.
  • The team could step in again soon as the US-China trade war escalates, analysts say. 
  • Follow the Shanghai Composite Index in real time here.

OTHER NEWS

Russia says will cut holdings of US securities amid sanctions – RIA

13/08/2018, 6:31 AM

In response to a new round of U.S. sanctions, Russia is pledging to sell more of its U.S. dollar denominated holdings. Russia has sold off more than 84% of its US holdings in recent months, Treasury data released last month shows.

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US-China trade talks: Beijing’s hesitation to commit to buying farm goods is a big sticking point

30/10/2019, 2:23 PM

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