US President Donald Trump, Chinese President Xi Jinping and their respective teams attend a working dinner after the G20 leaders’ summit in Buenos Aires on December 1. Photo: Reuters

Macroscope by Aidan Yao

Trump and Xi made progress at the G20, but are the US and China still destined for war?

Aidan Yao says the US’ fundamental disagreements with China’s industrial policy and trade practices haven’t changed. Both sides, and the world, still need to worry about Thucydides’ Trap leading to worsening conflict

Aidan Yao

Published: 1:15pm, 5 Dec, 2018

Updated: 10:32pm, 5 Dec, 2018

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US President Donald Trump, Chinese President Xi Jinping and their respective teams attend a working dinner after the G20 leaders’ summit in Buenos Aires on December 1. Photo: Reuters

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Aidan Yao

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Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.