Michael Barrow, director general of Private Sector Operations Department at Asia Development Bank, discussed the impact of the latest trade tariffs on Asian economies on “Bloomberg Markets: Balance of Power.”
Related: Leveraging up the Energy Trade
Points discussed in interview:
- In the energy sector, there are opportunities in Asia like liquefied natural gas (LNG)
- China is rapidly moving out of coal and looking to import gas–U.S. is the largest importer of LNG and China could be the biggest buyer
- Retaliatory tariffs have not included LNG, which could present opportunities
- China could be the biggest importer of LNG
- There is a little bit of a slowdown in terms of LNG supply chains
- Other sectors sensitive to trade disputes: energy and power-related investments, solar, renewables
To watch the full interview, click below:
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