RBA’s Lowe: Escalating US-China trade war is “very worrying”

The Sydney Morning Herald (SMH) quoted sources, who attended a private business event on Tuesday, citing the key comments delivered by the Reserve Bank of Australia (RBA) Governor Philip Lowe in the meeting.

Key Quotes:

US-China trade war was hurting global investment, wages and economic growth.

I do not have a clear idea of what strategy the U.S. has. [Some people in the US] say that it is time for Team West to muscle up against China and that is very worrying.