That is one of the findings by Goldman Sachs after talking with its onshore clients - which include mutual funds, private equity funds and asset managers at insurance firms in Beijing and Shanghai over the past week.
"The most frequently asked questions among local investors include implications for China should Donald Trump become the next US president," the Wall Street bank's economists wrote in a note on Feb 2.
Their concerns did not come out of nowhere. Trump is weighing options for a major new economic attack on China if re-elected, the Washington Post reported on Jan 27. The Republican front runner has endorsed revoking China's "most favoured nation" status for US trade, a move that could lead to US tariffs on Chinese imports of more than 40 per cent, according to the Post.
Denne historien er fra February 06, 2024-utgaven av The Straits Times.
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Denne historien er fra February 06, 2024-utgaven av The Straits Times.
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