Trump 2.0 Tops Chinese Investors’ Concerns, Goldman Sachs Says
- Former US president reported to mull new trade war with China
- Investors also question next trigger for more policy easing
Former President Donald Trump during a campaign event in Las Vegas, Nevada on Jan. 27.
Photographer: Ian Maule/BloombergThis article is for subscribers only.
On top of tumbling stocks, an embattled property market and a struggling economy, there’s at least one more thing keeping domestic Chinese investors up at night: a potential win by former US president Donald Trump in the November general election.
That’s one of the findings by Goldman Sachs Group Inc. after talking with its onshore clients — which include mutual funds, private equity funds and asset managers at insurance firms — in Beijing and Shanghai over the past week.