Webinar - The US-China Trade War: Will Everyone Be Worse Off?

Date: Thursday 29th November
Time: 16:30 (HKT/SGT) / 08:30 (GMT)

REGISTER NOW

This discussion will cover the following topics:

How bad are things now?

• To what extent are the barriers that have already been erected by the United States and China damaging trade between the two countries?

• What is the likely impact on GDP?

• Is the trade war already hurting other economies?

Winners and losers

• In the long-run, can either China or the US expect to gain economically from a trade war? Or is it a lose-lose proposition for both economies?

• What about the longer-term impact on other economies, especially those in Asia? Which countries will lose the most from the trade war? Will countries stand to benefit?

• What policies do the China and the US need to put in place to minimise the impact on their domestic markets? How much has China’s move towards a consumption-led economy softened the blow?

How bad can things get?

• How much further will the trade war escalate? Are there areas of potential cooperation where the two sides could come closer together?

• Could non-trade barriers be a future step?

• How should other countries, particular in emerging Asia, prepare for a prolonged trade war?

Matthew Thomas, Asia Bureau Chief, Euromoney Institutional Investor
Matthew Thomas is an experienced financial journalist who has written extensively about capital markets, bank strategy, economic policy, and the importance and risks of regulatory oversight. He started his career as a news reporter covering the securitization beat, giving him a front-row seat to the early stages of the financial crisis. He moved to Asia shortly after the crisis, and has since interviewed chief executives, finance ministers, national treasurers, and a variety of senior bankers and executives at the centre of Asia’s fast-changing financial markets.

David Mann, Global Chief Economist, Standard Chartered
David is based in Singapore and oversees macroeconomic views for the Global Research Team. He was previously Chief Economist for Asia. David joined the Bank in London in 2000 and was a founding member of the Standard Chartered FX Strategy team in 2002, moving to Hong Kong as a senior FX Strategist in 2005. He was previously based in New York, responsible for covering the US economy, managing the Latin America team and providing clients with the Bank’s views on Asia in the US time zone. In 2001 he was awarded the Rybczynski Young Economist Prize for work on the Malaysian Ringgit Barometer. David appears regularly in the media. He holds a BSc in economics from the University of Warwick and an MSc in finance from the University of London (Birkbeck College).

Wei Li, Senior Economist, Standard Chartered
Wei rejoined the Bank in 2017 as senior China economist. Prior to that, he was director and Asia economist at the Commonwealth Bank of Australia for three years and China economist at Standard Chartered Bank from 2007-14. Wei has in-depth knowledge of China, and provides analysis on key economic and policy developments to the bank’s internal and external stakeholders. He is frequently invited to speak at major economic events and regularly cited in the media. Wei has a Master’s degree in economics from the London School of Economics.

Brad Gibson, Portfolio Manager and Co-Head of Asia-Pacific Fixed Income, AllianceBernstein

Brad Gibson is a senior vice president and portfolio manager at AllianceBernstein, focusing on regional Asian and global fixed-income portfolios. He is a member of the global fixed income and emerging market debt teams and is Co-Head of Asia-Pacific fixed income. Before joining AB in 2012, Gibson was the head of rates strategies at ING Investment Management Australia, where he was responsible for the management of a range of domestic, international, diversified, nominal and inflation-linked bond portfolios. Before that, he spent three years at the Commonwealth Bank of Australia as head of global markets Singapore and head of financial institutions domestic sales, New South Wales. Gibson started his investment career with AMP, working in portfolio management and the trading of Australian fixed-interest, interest-rate, currency, inflation-linked bond and derivatives instruments. He was previously a member of both the interest-rate options and bond committees of the Australian Financial Markets Association, and has lectured on fixed-income portfolio management for the Securities Institute of Australia (now FINSIA). Brad is based in Hong Kong.

Euromoney Magazine | BrightTALK

REGISTER NOW

_Disclaimer

_{This material has been prepared by Standard Chartered Bank (SCB), a firm authorised by the United Kingdom’s Prudential Regulation Authority and regulated by the United Kingdom’s Financial Conduct Authority and Prudential Regulation Authority. It is not independent research material. This material has been produced for information and discussion purposes only and does not constitute advice or an invitation or recommendation to enter into any transaction.}

_{Some of the information appearing herein may have been obtained from public sources and while SCB believes such information to be reliable, it has not been independently verified by SCB. Information contained herein is subject to change without notice. Any opinions or views of third parties expressed in this material are those of the third parties identified, and not of SCB or its affiliates.}

_{SCB does not provide accounting, legal, regulatory or tax advice. This material does not provide any investment advice. While all reasonable care has been taken in preparing this material, SCB and its affiliates make no representation or warranty as to its accuracy or completeness, and no responsibility or liability is accepted for any errors of fact, omission or for any opinion expressed herein. You are advised to exercise your own independent judgment (with the advice of your professional advisers as necessary) with respect to the risks and consequences of any matter contained herein. SCB and its affiliates expressly disclaim any liability and responsibility for any damage or losses you may suffer from your use of or reliance on this material.}

_{SCB or its affiliates may not have the necessary licenses to provide services or offer products in all countries or such provision of services or offering of products may be subject to the regulatory requirements of each jurisdiction. This material is not for distribution to any person to which, or any jurisdiction in which, its distribution would be prohibited.}

_{You may wish to refer to the incorporation details of Standard Chartered PLC, Standard Chartered Bank and their subsidiaries at http://www.standardchartered.com/en/incorporation-details.html.}

_{© Copyright 2018 Standard Chartered Bank. All rights reserved. All copyrights subsisting and arising out of these materials belong to Standard Chartered Bank and may not be reproduced, distributed, amended, modified, adapted, transmitted in any form, or translated in any way without the prior written consent of Standard Chartered Bank}