Dr Chan: Don’t Miss The 5G Revolution!
US-China trade war has hit a stalemate and there are still major differences to be hammered out. US President Trump reiterated that he would either sign a “great” China trade deal or he would choose to walk away like how he did in the second nuclear summit with North Korean counterpart Kim Jong-un. Chinese negotiators, however, have grown wary of putting China President Xi Jinping in a position where he might be embarrassed by Trump. As trade talks near end, fears of Trump walking out on Xi weigh on the stock market as investors worry about the absence of a trade deal. Domestically, the Chinese government has already introduced some fiscal measures that will see Rmb2 trillion of cuts in taxes and fees. Such pro-growth measures should also translate to higher cost-savings for Chinese ho