These Companies Are at Risk in a U.S.-China Trade War |www.bloomberg.com
You might want to read this before you parrot the I hate China mantra.
I know you probably won't. So here is a quote ...
Quote:
Overall, U.S. equities have more to lose than their Chinese counterparts in a trade war, at least in the view of Morgan Stanley?s Garner. While almost 10 percent of companies in the MSCI U.S. index derive at least a tenth of their sales from China, less than 2 percent of firms in China can say the same about the U.S., according to Morgan Stanley.
In a ?grand bargain? in which the two sides hug instead of butt heads, Garner sees the biggest beneficiaries being Chinese energy, entertainment, technology and tourism companies, along with U.S. telecommunications and semiconductor businesses.
A positive scenario is hard to envisage for those focused on Trump?s warnings on the campaign trail.
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