US Treasury Secretary Steven Mnuchin, US Trade Representative Robert Lighthizer and Chinese Vice-Premier Liu He in Shanghai on July 31, 2019. The vice-premier travels to Washington later this week to resume trade talks. Photo: AP

US-China trade war may have ‘milder than feared’ effect on global growth, Fidelity says

  • No ‘imminent risk’ of a global recession next year, according to Fidelity’s Wen-Wen Lindroth
  • Trade war drag on business, consumer confidence key indicator to watch, Fidelity says
Topic |   US-China trade war

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US Treasury Secretary Steven Mnuchin, US Trade Representative Robert Lighthizer and Chinese Vice-Premier Liu He in Shanghai on July 31, 2019. The vice-premier travels to Washington later this week to resume trade talks. Photo: AP
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