The year in review - Global economy

2018 sets the stage for a sobering year ahead

Asia - including S'pore - will feel downdraft of US-China trade war and global slowdown

New: Gift this subscriber-only story to your friends and family

The year 2018 was more about slowly unfolding - and mostly disturbing - issues than big events, some of which could come to a head in 2019 with unpredictable, and likely unpleasant consequences.

The economic news cycle was dominated by trade frictions, which threaten to escalate into a trade war, particularly involving the United States and China.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST's Telegram channel here and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on December 30, 2018, with the headline 2018 sets the stage for a sobering year ahead . Subscribe