Investors prioritize AI growth at Trump and Xi summit
Investors prioritize AI growth and chip trade over tariffs ahead of the Trump and Xi summit. Markets eye stability as the yuan hits a three-year peak.
Xurve View
Insights:
Xurve View
United States President Donald Trump and China President Xi Jinping will meet Wednesday, May 13, to discuss trade and technology. The meeting occurs as the Shanghai Composite hits an 11-year high and the yuan reaches a three-year peak of 6.79 to the dollar. Investors are prioritizing AI self-sufficiency and chip export rules over traditional tariff concerns to gauge future market growth.
