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Business Maverick: These Are the Worst-Case Scenarios for China in the Trade WarChina’s economic growth could tumble, debt surge and foreign companies flee in a deepening trade war, economists warn as a week of escalating tensions forces them to ponder worst-case scenarios.
Source: dailymaverick - 🏆 3. / 84 Read more »
Global stocks battered by deadlock in China-US trade talksEquities suffer their worst week of the year as the risk of a full-blown trade war 'materially increases'
Source: BDliveSA - 🏆 12. / 63 Read more »
Business Maverick: Trump Warns China to Act on U.S. Trade Deal or Face Worse TermsPresident Donald Trump said it would be wise for China to “act now” to finish a trade deal with the U.S., warning that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in 2020.
Source: dailymaverick - 🏆 3. / 84 Read more »