Expect greater tensions between the US and China no matter who wins the election, Fitch says
No matter who wins the 2020 US presidential election, greater tensions between the US and China can be expected, a Fitch strategist told CNBC.
He said that under a Trump presidency, tensions would rise much more quickly whereas under a Biden presidency, there would be a more multilateral approach towards addressing some concerns.Policy on China has quickly emerged as one of the most contentious issues of the US 2020 presidential election. But no matter who wins the election, greater tensions between the US and China can be expected, Cedric Chehab, global head of country risk at Fitch SolutionsA bipartisan stance on China being a bad actor means heightened tensions between the two sides are expected to broadly impact the Asian region, Chehab said.
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