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China appears to be the winner of the Trump-Xi meeting at G-20, experts say

Soaring Eagle 74

All-Conference
Jan 4, 2008
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https://www.cnbc.com/2019/07/03/chi...nner-of-trump-xi-meeting-at-g-20-experts.html

Washington had earlier announced a ban that restricts Huawei’s ability to do business with U.S. firms due to national security concerns. Trump’s apparently softer stance on the Chinese tech giant was seen by some observers as a major concession that the U.S. has granted China.

It is looking like, so far, China is coming out as a winner from this G-20,” Francesco Filia, chief executive and chief investment officer at asset management firm Fasanara Capital, told CNBC’s “Squawk Box Europe” on Monday.

It’s not even clear what they gave up in order to get it,” he said, noting there was a lack of details about what the two leaders agreed on at the meeting.”
 
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