US-China relations are in the ‘Ice Age’, and not just over Hong Kong
From banning apps to punishing banks, China and the US are butting heads — but other countries are no fans of China right now either
Hong Kong — The US-China rivalry is shifting into new and unpredictable areas, engulfing everything from a popular video app to Hong Kong’s status as a global financial hub.
The latest tensions are overshadowing a trade agreement in January that was meant to draw a line under the trade war and be a boon for business. Instead, differences between both powers are deepening right at a time when the world economy is facing its worst crisis since the Great Depression...