Wednesday 19 December 2018
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scmp - 3 month ago

Why Trump’s trade war is a blessing in disguise for Chinese leaders

US President Donald Trump greatly escalated his trade war against China last week by levying tariffs on Chinese goods worth US$200 billion, prompting China to return fire with tariffs on US$60 billion of American goods. As Trump threatens to impose duties on virtually all Chinese imports, many investors and analysts now believe the trade war will be a protracted affair. Jack Ma Yun, the chairman of Alibaba Group Holding, which owns the South China Morning Post, said the dispute could last 20...

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