There is a diminishing chance for the escalation of the trade conflict between the world’s two biggest economies, China and the United States, the president of Germany’s central bank said on Saturday.
NUSA DUA, Indonesia (Reuters) — There is a diminishing chance for the escalation of the trade conflict between the world’s two biggest economies, China and the United States, the president of Germany’s central bank said on Saturday.
“I got the impression that both are not interested in a further escalation,” the Bundesbank’s President Jens Weidmann said at the annual meetings of the International Monetary Fund and World Bank in the Indonesian tourist resort of Bali.
