David Rubenstein: 'Phase one' US-China deal would ease economic fears
Billionaire David Rubenstein is if the view that a first-step China trade deal would be enough to get people feeling that this is not a big issue for the economy for a while.
President Donald Trump and Chinese President Xi Jinping, both sides are aiming to sign the agreement later this month.
However, bigger issues around China propping up its technology ambitions won’t get resolved by year-end, predicts The Carlyle Group co-founder.
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