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US-China trade spat may thwart fund house ambitions

Richard Morrow
The US’s tariffs on Chinese goods could eventually cause Beijing to reverse its liberalisation policies for US insurers and fund houses.
US-China trade spat may thwart fund house ambitions

As the US fired the first shots in a tit-for-tat trade battle with China, concerns are mounting over whether President Donald Trump’s vituperative rhetoric will escalate into a full-blown war. The fallout could affect the Chinese aspirations of US financial firms. 

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