Pence makes pretty clear that Washington stands ready to sanction companies and individuals in China on human rights issues alone. And two, that geopolitical risks will remain elevated because of trade war uncertainty. “We are less keen on the old industries, favoring consumption goods and ‘new China’ companies instead. They are less affected by the trade war,” thinks Wim-Hein Pals, head of Robeco’s emerging markets team. The Wilson Center lecture by the vice president provided no major new directions for the trade war.

Source: Forbes October 24, 2019 19:46 UTC