China-US trade war: The risks ahead – ANZ

ANZ analysts suggest that the US President Trump’s stepwise approach in imposing tariffs on goods from China has reinforced the latter’s determination to play the long game.

Key Quotes

“As the US-China conflict is likely to intensify, there will be many event risks which will affect market sentiment in the future.”

“Our view remains that China’s growth outlook hinges on its domestic consumption and investment, instead of its exports.”