MAS chief sounds warning on trade protectionism

To what extent will US president-elect Donald Trump follow up on his campaign promises to introduce greater trade protectionism? That is a big question for many investors  in Asia – and for regulators too, it seems. Yesterday Ravi Menon, the head of the Monetary Authority of Singapore, Ravi Menon, voiced his concerns on the matter at the UBS Wealth Insights conference in the city state. “A rise in trade protectionism and, more broadly, a pushback against globalisation can seriou…