China's stock market has boomed despite the coronavirus pandemic and a more antagonistic relationship with the U.S. -- which is expected to persist whether Donald Trump or Joe Biden wins the Nov. 3 election. (Source photos by Reuters)

China stocks flourish in Trump era despite hostile politics

Recovering economy expected to spur more gains whatever the US election outcome

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

November 2, 2020 06:24 JST

HONG KONG -- The most hostile U.S. policy toward China in a generation has not stopped the gains in Chinese stocks, which have outscored every major market in Asia bar India since Donald Trump's 2016 election triumph -- and analysts expect more is to come whatever the result of Tuesday's presidential race.