China Divided on Trump-Clinton

Despite Donald Trump’s constant China-bashing, the Chinese government prefers the GOP presidential nominee over Hillary Clinton, China expert Leland Miller told CNBC on Wednesday.

“Hillary is a known [quantity] and they don’t like her,” said the chief executive of China Beige Book International, an analytics firm devoted to conducting research into the world’s second-largest economy.

“Donald is threatening a trade war. That wouldn’t be good,” Miller acknowledged during an interview on “Squawk Box.” “But at the same time, some of the other things he’s said [such as] let’s tear down the post-war security structure in Asia, limit our [trade] relationship with Japan and Korea, … this is music to the Chinese ears.”

via CNBC

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza