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Experts weigh in on Sino-US trade tensions

By Tan Xinyu and Ren Xiaojin | chinadaily.com.cn | Updated: 2019-06-14 06:24
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Ju Jiandong, director of the Centre for International Finance and Economics Research. [Photo provided to chinadaily.com.cn]

In Ju's view, the current Sino-US trade tensions could break stability in the global value chain and currency system, which is underpinned by both countries.

Ju said if the two sides place enterprises which play important and systematic roles in the global value chain on the "Entity List" and halt their operations, the result will be a breakdown of the whole value chain and an ensuing collapse of global financial system.

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