A trade war truce? The US and Chinese economies need one, but they also need domestic reforms to stave off global catastrophe

//A trade war truce? The US and Chinese economies need one, but they also need domestic reforms to stave off global catastrophe

A trade war truce? The US and Chinese economies need one, but they also need domestic reforms to stave off global catastrophe

The world economy is on the brink of something nasty. Stock market valuations have seemed overstretched for a long time and pessimists have been looking for a good excuse to sell for months. It has been a tough call considering the deluge of cheap money flooding the markets and the bullish rip tide dominating sentiment in recent years.It is no surprise that investors are harking back to events leading up to the 2000 and 2008 market crashes. Trade tensions, growth worries and mounting financial…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-08-12T17:00:07+00:00 August 12th, 2019|Business|Comments Off on A trade war truce? The US and Chinese economies need one, but they also need domestic reforms to stave off global catastrophe