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Asia 'unlikely to benefit from trade war because it's hard to shift supply chains'

CEOs may talk about moving operations, but few have done it, says JPMorgan research chair

Singapore

NEGOTIATIONS towards a permanent United States-China trade deal will be a long drawn-out affair and Asia is not expected to benefit much from supply chain shifts, said JPMorgan chair of global research Joyce Chang.

And export-dependent economies in Asia are likely to take the heat from the ongoing dispute between the two economic superpowers, according to a JPMorgan Global Research report in October.

The first phase of the trade deal was concluded after a two-day meeting between negotiators...

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