Chinese President Xi Jinping and US President Donald Trump, seen in Beijing in 2017, are expected to attend the G20 summit in Osaka at the end of the month. Photo: Kyodo
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

What hope of a G20 Xi-Trump trade war breakthrough? Don’t hold your breath

  • Even with Xi and Trump now expected to meet at the G20, increased tension and rhetoric mean both sides appear braced for the worst. Tariffs are likely to remain in force, both US and China are likely to keep rates low and the yuan may slide further

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Chinese President Xi Jinping and US President Donald Trump, seen in Beijing in 2017, are expected to attend the G20 summit in Osaka at the end of the month. Photo: Kyodo
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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.