The year-old US-China trade war has become the single most important factor in the global economy and markets, giant asset manager BlackRock says. Photo: AP

BlackRock sees a tepid second-half China economy despite stimulus, citing trade war woes

  • Asset manager lowers China-linked emerging market equities, calling investors ‘overly optimistic’ about the effect of Beijing’s stimulus measures
  • Protracted trade war has become the single most important driver in the global economy and markets, firm says
Topic |   US-China trade war

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The year-old US-China trade war has become the single most important factor in the global economy and markets, giant asset manager BlackRock says. Photo: AP
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