UNDER THE FIGHT PATH... Impact on China

How trade war will hit China: Risk of financial crisis low, given state control of system

As the US-China trade war shows no sign of abating, there are fears that it could escalate into something bigger. The Straits Times talks to analysts about the possible scenarios and the impact on the region, including Singapore.

The United States-China trade war could escalate into a financial conflict that would throw the Chinese economy into crisis, according to a study from a top mainland university last week.

The report painted several scenarios where the US could deliberately hurt China's financial markets to gain an upper hand.

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A version of this article appeared in the print edition of The Straits Times on September 28, 2018, with the headline 'Risk of financial crisis low, given state control of system'. Print Edition | Subscribe