Post-recession, the US and China are likely to trust each other less, forcing the economies around them to overhaul their supply chains and other economic structures in the new and polarised world reality. Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Brace for a global recession unlike any other amid a world polarised by the US and China

  • The 2019 recession will be different, in a heavily leveraged global economy with already slowing trade – where normal policy tools may no longer work.
  • Post-recession, Asian nations in particular should expect to have to take sides as the US and China vie for ownership of the new global economic narrative

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Post-recession, the US and China are likely to trust each other less, forcing the economies around them to overhaul their supply chains and other economic structures in the new and polarised world reality. Photo: Xinhua
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