Global investment firm Fidelity International and accounting giant EY expressed concern about the rift in relations between the United States and China, speaking at the World Economic Forum in Davos on Tuesday.
Anne Richards, CEO of Fidelity International, a $610 billion money management company, put her level of concern about the possibility of decoupling the two economies at 6 out of 10 when asked during a panel discussion. Carmine Di Sibio, president and global CEO of EY, said his level of concern is 9 out of 10.
Richards said she was concerned about the rhetoric from both sides, but she said it was important that Officials will listen to their partners. "Acknowledging that the separation will be a disaster for the world economy, that means that both sides of America and China There is an eagerness to find areas where they can cooperate.