UBS says China expects an intensifying trade war if Trump wins 2024 election ...Middle East

UBS economist Ning Zhang says China is bracing itself for a trade war with the US under a second Trump presidency.Local media (gated) carry the UBS analysis:In an interview with The Australian during a visit to Australia, Mr Zhang said China was bracing itself for a trade war with the US that could harm its economy if Donald Trump won the November election. And China’s concern about a potentially more hostile relationship with a Trump administration was one of the factors behind its strategy of having a more friendly relationship with other countries such as Australia, New Zealand and the European Union, he said. “The bottom line is that China wants to make more friends,” he said. “Better bi

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UBS says China expects an intensifying trade war if Trump wins 2024 election ...Middle East

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