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Trade tension 'unlikely to lead to crisis, but global economy could split'

The bifurcation in technology, in the markets and in trust is going to be a very bad consequence for the world, PM Lee said.


TRADE tensions between the United States and China are not likely to lead to a global financial crisis, but could, in the long term, cause a split in the structure of the global economy, said Prime Minister Lee Hsien Loong on Monday.

"They are going to have a bifurcation...