Trade war with China could lead to recession
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  • Trade war with China could lead to recession

    Take a trade war with China, mix in frosty economic relations with Canada and Europe, add in Federal Reserve rate hikes and here's what you get: A recession by 2020.

    So says Ronald Temple, head of US equity for Lazard Asset Management.

    He told CNN Business that President Donald Trump's protectionist policies may lead to a deep slowdown in the economy, particularly because these trade skirmishes coincide with rising interest rates.

    "A recession in the near-term is not inevitable, but the risk of...

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  • China says camps for Muslims lead them to 'modern' life

    BEIJING (AP) — China on Tuesday characterized its mass internment of Muslims as a push to bring into the "modern, civilized" world a destitute people who are easily led astray — a depiction that analysts said bore troubling colonial overtones. The report is the ruling Communist Party's latest effort to defend its extrajudicial detention of Central Asian Muslim minorities against mounting criticism. China's resistance to Western pressure over the camps highlights its growing confidence under...