People try to buy a roast chicken at a Costco store in Shanghai, the first in China, on its opening day on August 27. Consumers in both the US and China would benefit from a reduction of trade frictions between the two countries. Photo: AFP
Dominic Ng
Opinion

Opinion

The View by Dominic Ng

Business leaders must push back on US-China decoupling and demand de-escalation of trade tensions

  • Businesses bear the brunt of the trade war and are best positioned to hold both sides to their pledges of change
  • With Chinese reforms gaining momentum, business leaders have no reason to hold off advocating for de-escalation and engagement

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People try to buy a roast chicken at a Costco store in Shanghai, the first in China, on its opening day on August 27. Consumers in both the US and China would benefit from a reduction of trade frictions between the two countries. Photo: AFP
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Dominic Ng

Dominic Ng

Dominic Ng is chairman and chief executive officer of East West Bank. Headquartered in California, East West Bank is a top-performing commercial bank with an exclusive focus on the US and Greater China markets. Mr Ng transformed East West Bank from a small savings and loan association with US$600 million in assets in 1991, into a full-service commercial bank today with US$37 billion in assets.