China’s leader probably guesses that Donald Trump will not be quite so easy to please

It says something when Wall Street trembles at every public statement from the leader of the free world but takes comfort from the general secretary of the Chinese communist party, but that seems to be the current state of the world.

Share prices rose strongly on Tuesday from the opening after Xi Jinping pledged to lower protectionist barriers and to take seriously complaints from foreign companies about intellectual property theft. After last week’s bellicose rhetoric from Donald Trump, this was seen as an attempt by Beijing to reduce the trade tension between China and the US.

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Read More Wall Street sighs with relief as Xi Jinping finds the right words

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