image

US-China trade war

An economist has warned a slowing of technology transfer caused by the US-China trade war could significantly erode China’s growth potential in the future. Photo: Reuters

Trade war may undermine China’s whole basis for future development

The US-China trade war’s worst effects will be felt over the long-term and could slow China’s ability to continue the strong pace of development it has enjoyed in recent decades, according to the International Monetary Fund’s former representative in Hong Kong.