China fund managers are preparing to move into more domestically-orientated stocks amid growing concerns that fears of a full-blown trade war with the US could turn into a reality, following a fresh round of threats from President Donald Trump.
After months of warnings of a potential trade war, the President finally took action on 3 April 2018, placing 25% tariffs on roughly 1,300 Chinese goods, which will target about $50bn of 2018 imports. ...
The US dollar is close to peaking and the risks now seem to be on the downside.
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