CF40 researcher says China-US trade spat will be a long process

Zhang Bin, researcher at China Finance 40 Forum, spoke in a meeting at Beijing

• China and US will need to spend a long time on negotiations to solve current tension
• This will cloud global trade outlook
• Both domestic and external demand will see slower growth

China is expected to post GDP growth of 6.5% this year, but the longer this drags out we could start to see those expectations get toned down. And that's not a particularly good sign for emerging markets in Asia.