Sri Mulyani Indrawati, Indonesia's finance minister, poses for a photograph following an interview in Jakarta, Indonesia, on Tuesday, Aug. 27, 2019. Indonesia has a raft of emergency stimulus options available to bolster Southeast Asia’s biggest economy if global conditions worsen, Indrawati said. Photographer: Muhammad Fadli/Bloomberg
JAKARTA: The global economy could be hit by a second wave of damage from the U.S.-China trade war -- and it will be much more severe than the first, Indonesia’s finance minister said.
The outlook for global growth already was cut amid the dispute between the world’s two biggest economies, but the escalation in hostilities since then has "created a point of no return, ” Sri Mulyani Indrawati said in an interview Tuesday.
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