By Bill Witherell, Ph.D.
China stocks surged Monday following Trump's announcement that he will be delaying US tariffs on China. Prospects for a trade agreement between China and the US are now looking very good. It is evident that both sides need a positive resolution and are willing to compromise. Last year, China's stock markets experienced their worst year since 2008, with the Shanghai Composite dropping 24.6% and the Shenzhen Composite tumbling over 33%. These markets appeared to bottom at year-end and staged a strong recovery as trade tensions began to ease. This recovery is