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US-China trade spat may thwart fund house ambitions

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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