U.S.-China trade talks hit a snag as the White House weighed limiting U.S. investments in China, which would be an "unmitigated disaster" if it came to pass, says Yale's Stephen Roach.
As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital flight and persistent yuan weakness.
Roger Ng, a former Goldman Sachs bank executive who is currently in jail in Malaysia, has agreed to voluntarily return to the United States to face abetment charges in a scheme to loot state investment firm 1MDB.
While the IPO market in the U.S. gained strength in 2018, many U.S. unicorn companies remained on the fence to see longer-term results.
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
"The trade war, I think, can be worked out," the billionaire investor Dalio said. "History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict.
Trade tensions between the U.S. and China are ratcheting up. Now analysts are worrying about Australia, which sits uncomfortably in the middle, trading the most with China but receiving its largest investment inflow from the U.S.
In November, President Trump claimed a win when he returned from his Asia tour touting $250 billion in deals with China. Those agreements, which span sectors like energy, aviation and tech, could be ammunition for Beijing as it spars with Washington over trade.