Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

“... Trade tensions are here to stay,” says Richard Turnill, global chief investment strategist for BlackRock. “ Even without a full-blown trade war, escalating frictions could weigh on business confidence and growth ,” he says, both of which are at post-recession highs. “Economic fundamentals are still running strong,” he says, adding that investors would be wise to be more defensive as uncertainties rise.

Economic tensions between China and the U.S.—nearly all of it is centered on Washington’s goal to curtail a budding tech giant in Asia. For what it’s worth, that part of the world happens to be where all the growth is. Chinese tech leaders are dethroning the likes of Cisco Systems and Google. The Trump administration seems hell-bent on stopping it, citing intellectual property concerns. Trump has support from many Republicans and Democrats on this China fight.

Unlike other powerful emerging markets, no country has moved up the tech ladder as fast as China. Most China watchers cite the government’s forced tech transfers in joint ventures with Western firms, a tightly controlled economy and, of course, white-collar espionage.

https://www.forbes.com/sites/kenrapoza/2018/06/26/blackrock-thinks-investors-should-start-taking-a-china-trade-war-seriously/#1bc4c6127460