Citi says it remains cautious on an 'eventual' US-China trade deal
A weekend note via Citi on the conclusion of US-China talks on Friday.
- Says the result is a 'down payment' that is 'to keep discussion going'
- 'despite what has been achieved … we remain cautious on an eventual trade deal'.
State media in China is a bit more upbeat, says 'substantial progress' was made. But no deal.