No winners in trade wars, says Chinese envoy, as U.S. confrontation looms [Yahoo! Finance]
McDonald's Corporation (MCD)
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Source: Yahoo! Finance
or industry, said China's top envoy to the United States, as Donald Trump's presidential election win raised the spectre of another bruising confrontation with China. Xie Feng, China's ambassador to the United States, said differences between the two nations should be the driving force for exchanges and mutual learning rather than "an excuse for rejection and confrontation", and that the successes of each were opportunities for the other. Speaking at a dinner hosted by the U.S.-China Business Council in Shanghai on Thursday, Xie did not directly address the U.S. election or Trump, who previously heaped tariffs on billions of dollars of Chinese goods before agreeing to a truce in January 2020. In 2019, China's economy grew a revised 6.0%, the weakest in nearly 30 years, weighed down by trade war with the U.S. The economy has further cooled since, with the government targeting a modest expansion of around 5.0% in 2024, putting it on the back foot if there are fresh trade frictions
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MCD
Earnings
- 10/29/24 - Beat
MCD
Sec Filings
- 11/7/24 - Form 10-Q
- 11/5/24 - Form 4
- 10/29/24 - Form 8-K
- MCD's page on the SEC website