#Latest news with #GeraldGanBloomberg12-05-2025BusinessBloombergAsia Stocks Set to Climb as US, China Tout 'Substantial' Trade Talk ProgressDespite the moves higher in some risk assets, cooler heads warn that there's always the risk that the details of the latest China-US trade talks turn out to be underwhelming. According to Gerald Gan, deputy chief investment officer at Reed Capital Partners: " Over-promising and under-delivering was what happened to the trade talks between UK and US, among many other issues. The upcoming press conference release from Scott Bessent will likely be of such as well - false confidence on the meeting progress and no details on specific agreements.'
Bloomberg12-05-2025BusinessBloombergAsia Stocks Set to Climb as US, China Tout 'Substantial' Trade Talk ProgressDespite the moves higher in some risk assets, cooler heads warn that there's always the risk that the details of the latest China-US trade talks turn out to be underwhelming. According to Gerald Gan, deputy chief investment officer at Reed Capital Partners: " Over-promising and under-delivering was what happened to the trade talks between UK and US, among many other issues. The upcoming press conference release from Scott Bessent will likely be of such as well - false confidence on the meeting progress and no details on specific agreements.'
12-05-2025
