Chinese Vice-Premier Liu He meets US President Donald Trump in the White House in Washington on October 11. Photo: Reuters
Opinion
Opinion
Macroscope by Nicholas Spiro
Donald Trump’s erratic actions on Iran should give China pause as it prepares to sign a ‘phase one’ trade deal with the US
The US president’s latest move should make it clear to China – and investors – that his decision-making will be more unpredictable in an election year
Investors will also have to contend with the uncertain outcome of the US presidential election with no clear Democratic contender having emerged so far
Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.