Trump's China Visit in Doubt: Polymarket Odds Tumble, CEOs Hesitate Amid Iran Strikes
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Moneycontrol•03-03-2026, 14:34
Trump's China Visit in Doubt: Polymarket Odds Tumble, CEOs Hesitate Amid Iran Strikes
•Uncertainty surrounds US President Donald Trump’s planned March 31-April 2 visit to Beijing, with Polymarket odds for a visit by March 31 sharply dropping to 42% from 83.9%.
•The repricing followed Trump’s announcement of joint US-Israel strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, which Beijing condemned as a 'grave violation'.
•Corporate America is recalibrating, with many US executives now reluctant to join the trip, shifting optics from a strategic reset to an uneasy truce.
•President Xi Jinping may not be comfortable welcoming Trump given Beijing’s ties with Tehran, raising questions about the visit's mood and potential achievements.
•The scheduled visit, meant to solidify a fragile trade truce, now faces the shadow of escalating Middle East tensions, with Trump suggesting strikes could last four weeks.