On November 8, 2024, during a meeting in Beijing, Chinese President Xi Jinping expressed China's willingness to import more high-quality products from Italy and expand business ties between the two nations. Xi highlighted Italy's potential role in enhancing cooperation between China and Europe, particularly in addressing global challenges.
In financial news, U.S. Treasuries are on track for their best week since early September, following a period of volatility triggered by Donald Trump's presidential election victory. On November 8, U.S. bonds saw a rally, with yields on 30-year bonds decreasing to 4.5%, reflecting a drop of 7 basis points over the past five days as investors adjusted to the impact of the election results.