REUTERS/Aly SongWorldU.S.-China trade war, the tech war which is unfolding, the possibility of a finance war, it’s something which is going to be longer-lasting. The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China “awake at night”. But the coronavirus is “one challenge that I think can be handled”, Wuttke said over a video-link from his home in Beijing. “When it comes to the kind of U.S.-China trade war, the tech war which is unfolding, the possibility of a finance war, it’s something which is going to be longer-lasting, it’s going to be more damaging, and it’s definitely going to bring huge uncertainty,” he said. “We want to be part of that show, we want to be part of that growth model,” he said.

Source: Standard Digital June 18, 2020 11:51 UTC