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  1. The stock market is most focused on developments in U.S.-Chinese trade relations, and positive developments around the G-20 meeting.
  2. The stock market is most focused on developments of U.S.-Chinese trade relations, and positive developments around the G-20 meeting.

Usually, I see development of something, such as the development of the economy. My question is why "in" is chosen here.

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  • You used "development" in your title but "developments" in the question body. Their meanings differ. – user3169 Nov 17 '18 at 5:33
  • @user3169 oh, I noticed this. Develop of means the overal situation, while developmets means what will unfold and how things may change. Am I right? – Mike Philip Nov 17 '18 at 7:57
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To me, they do carry different meanings, but very slight, and the difference may not be intended by the writer.

"Developments" can mean both "evolution" or "growth". The evolution of something can either be for the better or worse or just different, whereas "growth" is always positive.

"Developments in", to me, indicates "evolution". For example, the stock markets are focused on the changes of US-China trade relations whether for the good or bad - they just want to know.

"Developments of" is strictly positive: the stock markets are focused on the progress being made in the US-China trade relations.

"In" could have been chosen here because they are genuinely interested in any changes (because if things go bad, people may want to sell their stocks), but then the second phrase makes it clear that they are particularly interested in positive changes.

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