of anxiety over the ongoing trade war.

According to Roach, the climate suggests China will resist moving aggressively to cut a trade deal out of economic slowdown fears. Unless the trade war with Washington escalates, Roach contends China's coping strategies will be effective.

"China has ample policy space to continue to address the downside of its current growth trajectory," he said in a note to CNBC, citing monetary, fiscal and currency issues.

"They're focused on doing a lot of strategic things to their economy," Roach added.

Roach has been against the trade war, concerned that Washington is being too aggressive. Following President Donald Trump's tariff threats in a series of May 5 tweets, Roach told "Trading Nation" that odds of a trade deal were rapidly receding.

Even though Roach believes the trade warTer Stegen: It would be an honour to be a Barcelona captain Barcelona Would welcome leadership role

The exit of Andres Iniesta will see a change at Barcelona in terms of the captaincy, with there now space for a new vice-captain.

Marc-Andre ter Stegen knows it will be a squad decision, but he has put himself forward for a leadership role.

"It's something that the squad will decide, but it's an honour that my name is being talked about for the captaincy position," he told the press after arriving for the Blaugrana's pre-season tour.

"It would be an honour to be one of the captains, of course it would.

"But for me it's not the most important thing.

"We need more than four captains."

He also discussed the situation of backup goalkeeper Jasper Cillessen and