By Josh Woodard, CFA®
The COVID-19 pandemic will have a long-term impact not just on individuals and businesses, but on the political landscape as well. We’ve already begun to see some early signs of this in the form of a more tense relationship between the U.S. and China.
After a trade deal finally materialized late last year, relations have once again become frosty. In addition to ongoing trade discussions, Hong Kong protests have intensified as China moves to impose a new national security law, and the White House continues to tighten sanctions on telecom giant Huawei (China’s most important 5G company). And now, U.S. legislators are threatening to delist Chinese companies from U.S. exchanges.