US-China conflict may curb Malaysia's GDP growth

  • Economy
  • Tuesday, 14 Aug 2018

KUALA LUMPUR: The United States-China trade war could adversely impact Malaysia's Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years.

CIMB Group Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, especially if China sold its US Treasuries.