Deloitte access economics partner Chris Richardson (left) and its chief economist Xu Sitao at the launch of its “Voice of Asia” reports in Admiralty. Phioto: Xiaomei Chen
A sharp fall in the yuan, and a trade war with the US: China’s nightmare economic double whammy, according to Deloitte
Officials say the double-barrelled, worst-case scenario is highly unlikely, however, as overall economic global growth will be better than expected and lift trade between China, India, and the US
Deloitte access economics partner Chris Richardson (left) and its chief economist Xu Sitao at the launch of its “Voice of Asia” reports in Admiralty. Phioto: Xiaomei Chen