Welcome to 2019, the second year of the U.S.-China trade war. Judging by the attitude of China market watchers, 2020 will be the third. “We expect the China trade war to become more entrenched in 2019,” says Cailin Birch, global economist at the Economist Intelligence Unit. For China investors, the trade war has led to significant stock market losses. Late in the third quarter, some investors were building positions in China in hopes of a truce. They got the truce. The market