US President Donald Trump and Chinese President Xi Jinping leave at the end of an event at the Great Hall of the People in Beijing in November 2017. Recognition that the US-China trade war could drag on for years will force a market re-evaluation, affecting prices across asset classes. That re-evaluation is arguably already starting. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

The trade war is here to stay: both China and the US are gearing up for a long, hard fight

Neal Kimberley says not only is the gulf of disagreement too wide to bridge, but neither side is focused on finding a fix: US attention is trained on the larger picture of China’s rise, while Beijing is working to reflate its economy to offset the impact of the trade war

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US President Donald Trump and Chinese President Xi Jinping leave at the end of an event at the Great Hall of the People in Beijing in November 2017. Recognition that the US-China trade war could drag on for years will force a market re-evaluation, affecting prices across asset classes. That re-evaluation is arguably already starting. Photo: AFP
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