3 Trade-War-Proof Chinese Stocks
The U.S. and China recently took steps toward resolving their trade war by striking a "phase one" deal. China has agreed to buy at least $40 billion in American agricultural goods annually, tighten its intellectual property rules, and ban forced technology transfers from U.S. companies. In exchange for those concessions, the U.S. will roll back some tariffs and won't levy a new round of tariffs on consumer goods this month.
That's good news for investors, but the trade war isn't over and unresolved issues are likely preventing investors from buying Chinese stocks. That's a prudent move, but we should realize that there are still plenty of high-quality Chinese stocks that have minimal exposure to tariffs or trade war impacts. Let's take a closer look at three stocks that fit that description: Huya (NYSE: HUYA), Bilibili (NASDAQ: BILI), and NetEase (NASDAQ: NTES).
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Source Fool.com
