Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, says selling forex reserves is a financial issue. Photo: Xinhua

It’s a trade war, not a finance war, Chinese economists argue at ‘Asian Davos’

Beijing unlikely to up the ante and resort to broader retaliation in its trade spat with the United States, observers say

Topic |   Boao Forum for Asia

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Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, says selling forex reserves is a financial issue. Photo: Xinhua
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