Speaking at the HT-MintAsia Leadership Summit , economist Dr Paul Krugman said that the ongoing US-China trade tensions and the ensuing uncertainty make this a difficult time for running big businesses. He added that rules of the game on trade are much more fragile than we thought and sounded pessimistic about any resolution of the trade dispute. Krugman also spoke on the rise of Asia but refused to predict when a recession is likely to hit the global markets, adding that no economist has ever successfully predicted a downturn.
HT-MintAsia Leadership Summit,Paul Krugman,Economist,recession,US-China trade war,
Speaking at the HT-MintAsia Leadership Summit , economist Dr Paul Krugman said that the ongoing US-China trade tensions and the ensuing uncertainty make this a difficult time for running big businesses. He added that rules of the game on trade are much more fragile than we thought and sounded pessimistic about any resolution of the trade dispute. Krugman also spoke on the rise of Asia but refused to predict when a recession is likely to hit the global markets, adding that no economist has ever successfully predicted a downturn.
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