Last year saw the rejection by the US regulators of a possible buyout of the Chicago
Stock Exchange by Chinese investors. This year we are seeing the current trade war
between China and the US. This has just got compounded with the detention of the
Huawei CFO in Canada. Apparently, the CFO was detained at the behest of the US.
Currently, the US has imposed or threatening to impose very strong tariffs on all
major Chinese exports into the US. This interestingly has placed not just China under
pressure, but virtually every US multinational with linkages to China. Europe has
been witness to steel dumping as a result. Worse still, it has impacted many
countries as well given the global supply chain linkages.
Countries, economies, and businesses (and irms) are impacted. The doomsdayers
predict a slowdown in the economy. Canada is also likely impacted as a result.
While there is a lot of speculation that China will be give up some sha
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