Retailers are apprehensive concerning the U.S.-China commerce battle, an government at a Hong Kong cosmetics chain mentioned Thursday, calling the battle the largest danger to his firm’s enterprise.

Man Look, chief monetary officer and government director at Sa Sa Worldwide, mentioned that whereas the Hong Kong retail chain has benefited this 12 months from elevated mainland Chinese language vacationer numbers, issues are rising.

“Coming in to the second half, after all, the commerce battle, it is actually very a lot within the highlight,” Look advised CNBC’s Emily Tan on “Squawk Field” Thursday.

“For us retailers, we’re actually exchanging notes ourselves,” he mentioned. “We do not actually have a crystal ball. And we actually need to see what’s in retailer for us.”

This is Bongo Exclusive Official Website (Everything Exclusive) you can follow our social network pages or email us:

Become Our VIP Subscriber, Jiunge Sasa!