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Trade tension 'unlikely to lead to crisis, but global economy could split'
Published Mon, Jun 24, 2019 · 09:50 PM
Singapore
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 of technology, of markets, of trust. I think that is a very bad consequence for the world," he told the Nikkei Asian Review.
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