Shipping containers from China and other Asian countries are unloaded at the Port of Los Angeles. A trade war has been raging for well over a year between the US and China. Photo: AFP

Is globalisation doomed? Business, political leaders contemplate viability at New Economy Forum as US-China rivalry intensifies

  • China’s relations with the West have reached an ‘inflection point’, former trade representative says
  • China’s Vice-President Wang Qishan calls for end to ‘cold war mentality’
Topic |   US-China trade war

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Shipping containers from China and other Asian countries are unloaded at the Port of Los Angeles. A trade war has been raging for well over a year between the US and China. Photo: AFP
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US-China trade tariffs remain a key uncertainty which will determine the speed and size of the earnings recovery, according to UBS. Photo: Reuters

UBS: Investors should prepare for ‘low returns’ in 2020 as US-China trade war uncertainty weighs on growth

  • Growth likely to pick up in second half of 2020, according to UBS Asia-Pacific strategist Niall MacLeod
  • Equity valuations gains are likely to be capped at ‘modest’ 7 per cent, MacLeod says
Topic |   Investing

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US-China trade tariffs remain a key uncertainty which will determine the speed and size of the earnings recovery, according to UBS. Photo: Reuters
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