Morgan Stanley Chief Economist for China, Xing Ziqiang: The impact of Trump 2.0 tariffs will be milder than in 2018 and 2019
At the "Alpha Summit" co-hosted by Wall Street Watch and the China Europe International Business School, Morgan Stanley's Chief Economist for China, Xing Ziqiang, stated that the impact of this round of Trump 2.0 tariff policy on the Chinese economy, Chinese enterprises, and the industrial chain will be far less than that of the first round of tariffs in 2018-2019. This is because, over the past six years, Chinese enterprises have achieved two things: one is diversification, and the other is upgrading
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