UBS Global Wealth Management’s Eva Lee says investors are waiting to see how Beijing will respond to further trade tariffs from the incoming Trump administration. “China is very ready in terms of tackling this tariff impact with potential stimulus to offset the adverse impact on to the economy,” Lee tells Bloomberg Television. But she adds that it’s unclear how quickly Chinese policymakers will act and how much stimulus will be introduced. (Source: Bloomberg)
Markets Watching for China's Response to Trade Tariffs, UBS's Lee Says
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