US, China reaching deal in dispute is 'wake-up' call for investors

clock • 3 min read

US-China trade relations have just been given a significant boost and this should act as a "monumentally loud" wake-up call for investors, says Nigel Green CEO of deVere Group. The two nations on Friday reached a tentative agreement to allow US regulators to inspect the audits of Chinese companies whose stocks are traded on US exchanges.  In a long-running row, US regulators had vowed to remove Chinese companies off U.S.-based stock exchanges if China doesn't allow inspections. He said: "This is unambiguously positive news. Although preliminary, the agreement is a major step in th...

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