Hong Kong Chief Warns of Collateral Damage Risk From Trade War

Carrie Lam speaks at Bloomberg Invest Asia forum in Hong Kong
Sees deep-seated U.S.-China differences pesisting beyond talks

Hong Kong’s Lam discusses the trade negotiations between the U.S. and China, and the city’s property market.(Source: Bloomberg)

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By David Tweed and Enda Curran

March 21, 2019 at 2:23 AM UTC

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Hong Kong’s chief executive cautioned that the Asian financial hub continued to face the risk of collateral damage from the China-U.S. trade war, saying the tensions were one reason why she’s joined the ranks of those tracking President Donald Trump’s tweets.

“Last night, he was shouting to the media that things were good,” Carrie Lam said of Trump during an interview at the Bloomberg Invest Asia forum in Hong Kong. “I certainly want to see this trade discussion leading to some positive outcome. But I don’t think the problem will go away just like that. We will probably be seeing more tension in other areas.”