Beijing’s central business district. Researchers have warned that if the US imposes sanctions on financial products or transactions it could set off a financial crisis in China. Photo: Reuters

Trade war escalation may trigger financial crisis in China, researchers warn

Study looked at possible scenarios where the US could try to constrain, or even attempt to destroy, China’s financial markets, financial assets and its currency

Topic |   China economy

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Beijing’s central business district. Researchers have warned that if the US imposes sanctions on financial products or transactions it could set off a financial crisis in China. Photo: Reuters
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