Mike Pence does not normally factor into investment decisions in Asia. But the U.S. vice president has just answered the biggest question in the markets: When might Donald Trump call a truce in his China trade war?
Not in 2019, it seems. In fact, Pence signaled to business leaders in Washington that an even more aggressive assault is coming, and not just tariffs. Pence's references to tensions in the South China Sea came days after a close encounter between U.S. and Chinese naval vessels. His accusations of Chinese meddling in next month's Congressional elections opens another theater for investors to fret over.
