The Chinese play the "long" game very well, but you would think in current macro global economic scenario, a step forward would be a good thing for both sides, not to mention the rest of the world
A reporter asked Trump earlier this year if he thought that he could win a trade war with China - Trump replied "we lost the trade war with China decades ago". The US trade deficit with China last year alone, was around $450 billion, not to mention all the IP theft etc.
I don't like the way the trade war has afffffected my portfolio this year, but Trump is the only POTUS with the balls to take a strong position with the Chinese - so far. It is a very interesting situation for CLQ holders given RFs' deep China connections, I have felt for sometime that while this "war" won't be resolved in the short term, that both sides understand the current position cannot be sustained for a protracted period without doing serious global economic damage - which is not in either parties' best interests. So my thinking is, that it is incumbent on both sides to get something (at least some positive steps/dialogue) done sooner rather than later - because if they don't no-one really wins.
So @alanpro, the linked article makes a lot of sense to me.
On another tack, it was an interesting auction on ASX this afternoon for CLQ, about 90% of days turnover in last 10 minutes, also largest volume day since 8/8/18 (the day after release of NI 43-101). It is the end of month today, but someone let go of a load and someone else was happy to take all of it up. The bots are still all over CLQ every day, positions are being taken IMO.
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