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MNI: While the bulk of the focus surrounding Chinese state media has fallen on
comments/threats re: rare earth materials exports to the U.S. in recent days, it
is worth highlighting that the state-owned outlets have started to comment on
the performance of U.S. equity markets on a more frequent basis, with one outlet
even suggesting that the Fed has become more "Trumpish." This indicates that
state media is willing to highlight weak points in Trump's armour as the trade
spat drags on, knowing that he has tied himself to the performance of U.S.
equities and continually criticised the Fed during its tightening cycle.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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