Asian share market advanced on Tuesday, 22 October 2019, as investor sentiment bolstered by tracking gains on Wall Street overnight and signs of progress in resolving the prolonged U.S.-China trade dispute.
Investor appetite for risk assets bolstered on further signs of progress toward a resolution of the trade dispute between the United States and China after U.S. President Donald Trump continued to strike optimistic tones on Monday, while White House adviser Larry Kudlow said U.S. tariffs on Chinese goods scheduled for December could be withdrawn if talks go well. According to the reports, Trump and Chinese President Xi Jinping are set to participate in the Asia-Pacific Economic Cooperation meetings in Chile during mid-November, where many are anticipating a partial trade deal to be signed between the two countries.
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