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Trade war is 'lose-lose': JPMorgan research chief

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Joyce Chang's Asia-Pacific economic research team drew up three scenarios, each describing a possible reaction by China to the US tariffs and their effects on the Chinese economy.

Singapore

THE back-and-forth between the world's two largest economies that has haunted markets for much of the year is a "lose-lose situation for all parties involved", JPMorgan's global head of research Joyce Chang has said.

On Monday, US President...

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