Look Back 2019: US-China trade row hits global economy hard

From the worsening ties between the two global superpowers to trade disputes to tit-for-tat military air strikes, 2019 was a year marked by conflicts big and small

US President Donald Trump with his Chinese counterpart Xi Jinping at the Group of 20 leaders summit in June in Osaka, Japan. PHOTO: REUTERS Huawei's chief financial officer Meng Wanzhou was detained last December by Canada, acting on an extradition r
US President Donald Trump with his Chinese counterpart Xi Jinping at the Group of 20 leaders summit in June in Osaka, Japan. PHOTO: REUTERS
US President Donald Trump with his Chinese counterpart Xi Jinping at the Group of 20 leaders summit in June in Osaka, Japan. PHOTO: REUTERS Huawei's chief financial officer Meng Wanzhou was detained last December by Canada, acting on an extradition r
Huawei's chief financial officer Meng Wanzhou was detained last December by Canada, acting on an extradition request by the US. She is subject to house arrest and has to wear an electronic tag. PHOTO: REUTERS
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Big-power rivalry between the world's two largest economies dominated headlines this year, as the United States-China trade war continued into its second year, weighing down global growth.

Stock markets alternately dived as the two powers slapped new tariffs on each other's goods, and soared at hints of a possible deal after each round of the long-drawn trade talks.

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A version of this article appeared in the print edition of The Straits Times on December 23, 2019, with the headline US-China trade row hits global economy hard. Subscribe