CNBC: Market risks are rising as US, China tensions escalate toward new cold war
Thu July, 2020, Age: 3 years
Rising US-China tensions have spooked Wall Street investors. Major financial firms have projected that the relationship will continue to decline, and are attempting to react appropriately and protect themselves from the fallout. Recently, the U.S. barred 11 more Chinese companies from buying American technology and other products without a special license.