A US-China trade deal is unlikely to happen before next year's election, Christopher Balding, associate professor at Fulbright University Vietnam, told viewers of Real Vision's The Interview.
In conversation with Thiel Macro's Mike Green, Balding said that China has been focused on recentralizing the economy over the past 3-5 years.
"Economically and financially, the Chinese economy is such right now that any significant changes to that model could create very significant risks," he said. "I don't think you can expect Beijing to make any financial economic concessions."
He also pointed out that the trade war