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Xi: US-China relationship will be one of strategic stability based on respect, fairness and reciprocity

Xi:Agreed with Trump to add new substance to US-China relationshipTrump on China: We've made tremendous strides for both countries in meetingsWe will be speaking a lotIt's not like we're breaking any new ground here but this is a nice departure from the constant China fighting that has characterized

Why it matters

FXI (China Large-Cap) · Why linked: Xi-Trump meeting and stated US-China strategic stability framework directly affects China-exposed equities Market context: Constructive US-China rhetoric may support Chinese equities on improved risk sentiment

KWEB (KraneShares China Internet) · Why linked: Improved US-China relations typically benefits Chinese tech and internet names Market context: Easing US-China tensions reduces regulatory and delisting risk premiums

SPY (SPDR S&P 500 ETF) · Why linked: US-China relations are a key driver of broad US equity risk sentiment Market context: Positive bilateral tone reduces geopolitical tail risk for US equities

USD/CNY (US Dollar / Chinese Yuan) · Why linked: US-China diplomatic outcomes directly influence the dollar-yuan pair Market context: Stable US-China relations may limit yuan weakness against the dollar

How FXI, KWEB, SPY usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
FXI4+0.87%100%
KWEB3+2.25%67%
SPY13+0.75%69%

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How the reaction data is measured · Editorial policy