Escalation in US-China tensions is 'the last thing' anyone needs, JPMorgan says
2020-05-08 09:36:07 source：CNBC
May 7, 2020
With the world already reeling from the economic impact of the coronavirus pandemic, a reignition in U.S.-China trade tensions would be the “the last thing” anyone needs, according to JPMorgan Asset Management’s Alexander Treves.
Those comments came on the back of data released Thursday which showed China’s exports besting expectations in April, a statistic Treves told CNBC’s “Street Signs” was “very, very surprising.”
“This means that economies are maybe working better than one might have thought, but the other thing which immediately came to me is I would like to see what the trade surplus number with the U.S. looks like,” Treves, who is managing director and investment specialist of emerging markets and Asia Pacific equities at JPMorgan Asset Management, told CNBC’s “Street Signs” on Thursday.
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