China is determined to end the trade war - The Economist

Omkar Godbole FXStreet Contributor

China with its huge trade surplus has more to lose upfront and is determined to end the trade war with the US, according to a report in The Economist.

Key points

The optimism that China could successfully navigate an escalating trade war and at the same time bring down its heavy debt burden has evaporated and the economic outlook has darkened.

China wants to maintain domestic stability.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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