Matthews Asia: Trade war will not dampen 'world's best consumer story'

China capable of 'mitigating impacts of broader dispute'

There is a "very high probability" that US President Donald Trump will strike a trade deal with Chinese Premier Xi Jinping in less than one month's time at the APEC Forum in Chile, according to Matthews Asia's Andy Rothman.

Rothman, who is an investment strategist at the firm, added that even if the negotiations fail, Q3 2019 economic data suggests that China has the capacity to "mitigate the impact of a broader dispute and maintain the world's best consumer story". It follows months of discord between the world's two largest economies, with Trump last escalating the dispute in August when he imposed a further $300bn of tariffs on Chinese goods and triggered global market volatility. "My assumption is that when they meet it will result in an agreement that allows both sides to lift all of the tariffs," R...