Chinese and US flags flutter near the Bund, Shanghai, before US trade delegation meet their Chinese counterparts for talks in July. Photo: Reuters
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

World looks for trade war deal in the hope that it will end uncertainty

  • So long as there is no resolution in the showdown between the US and China, it will continue to be a drag on the global economy, which is not in great shape

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Chinese and US flags flutter near the Bund, Shanghai, before US trade delegation meet their Chinese counterparts for talks in July. Photo: Reuters
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A US flag on an embassy car is seen outside a hotel in Shanghai on July 31, 2019. Photo: Reuters

How must the savvy investor prepare, if the world turns bipolar and splits into economic halves around US and China by 2030?

  • Owning both US, Chinese assets would led to a “more robust portfolio” in the future, Julius Baer’s Yves Bonzon said
  • Trade war could accelerate acceptance of yuan as a global reserve currency
Topic |   Investing

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A US flag on an embassy car is seen outside a hotel in Shanghai on July 31, 2019. Photo: Reuters
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