单伟建在FA上面的分析文章。作者是我尊重的一位投资银行家。他认为美国最终会让步。

China Won’t Give Trump All He Wants, Says Private Equity Chief

By?Cathy Chan

(Bloomberg) –?

The prospect of a recession may force the U.S. to abandon its toughest demands on China, according to one of Asia’s best-known private equity investors.

As the two global superpowers resume their trade talks, China is unlikely to make concessions to the extent demanded by President Donald Trump, and the U.S. will probably soften its approach, said?Shan Weijian, chief executive officer of Hong Kong-based?PAG, which manages more than $30 billion for institutional investors globally.

“Although China’s economic growth has slowed, the tariffs have hit U.S. consumers harder” than they’ve hurt China, Shan wrote in an article for a forthcoming issue of Foreign Affairs. “With fears of a recession around the corner, Trump must reckon with the fact that his current approach is im