View full page at metalsmine.com

 

Coronavirus outbreak will speed up US-China ‘decoupling’ more than the trade war, Milken Institute analyst says

From cnbc.com

The ongoing coronavirus outbreak is speeding up the so-called “decoupling” between the U.S. and China more than their trade war did, according to an analyst from the Milken Institute. “We talked about China and the U.S. decoupling. The coronavirus more than the trade war has sped some of that decoupling as countries, as businesses think about their supply chain for the long run,” said Curtis Chin, an Asia fellow at the Milken Institute, calling it an “increased disengagement” of both economies. “It can’t all be in China, we’ve seen some of the consequences of over reliance on just one key market,” he told CNBC at the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis