Traders and analysts say friction between the world’s two largest economies is likely to be long-lasting
SHANGHAI—Stocks, oil and the Chinese yuan rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington.
Traders and analysts called the moves a relief rally, and cautioned that frictions about commerce between the world’s two largest economies were likely to be long-lasting. Many investors are also concerned about the potential for a further slowdown in China and about financial risk in that country.
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