Trump-Xi summit revives China tech rally hopes as U.S. reportedly clears Nvidia H200 sales
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- Chinese equities could get a fresh boost after this week's high-stakes meeting between U.S.
- Goldman Sachs analysts said discussions were expected to focus narrowly on trade and export controls, including tariffs, semiconductor restrictions and rare earth exports.
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Chinese equities could get a fresh boost after this week's high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping, with investors saying the summit could ease trade tensions and revive momentum, especially in the country's lagging technology shares.
Goldman Sachs analysts said discussions were expected to focus narrowly on trade and export controls, including tariffs, semiconductor restrictions and rare earth exports. The bank said it expected China to agree to buy more U.S. agriculture products, energy and aircraft in exchange for avoiding further tariff escalation.