A trader ponders screens at the New York Stock Exchange on March 22, a day when the Dow Jones Industrial Average dropped more than 700 points following President Donald Trump’s announcement to impose tariffs on products imported from China. Photo: Xinhua
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Trade war will probably not end in Armageddon, but investors should be wary

Aidan Yao says that, ultimately, the consequences of a trade war between Washington and Beijing would be so severe that we can expect both countries to back down. In the meantime, however, expect disruptions

TOP PICKS

A trader ponders screens at the New York Stock Exchange on March 22, a day when the Dow Jones Industrial Average dropped more than 700 points following President Donald Trump’s announcement to impose tariffs on products imported from China. Photo: Xinhua
READ FULL ARTICLE
Aidan Yao

Aidan Yao

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.