Trade tensions between the U.S. and China — both countries have recently threatened fresh import tariffs — may affect businesses' decision-making, according to the CEO of multinational technology firm ABB.
For the first time in a decade there's stability and growth across various markets, Ulrich Spiesshofer told CNBC on Saturday at the China Development Forum in Beijing, and that's a state of affairs he deemed "quite unique."
The uncertainties from the threat of a looming trade war may change things.
"So, I'm concerned, I would be concerned, if we get a lot of dampening effects and uncertainties. We need certainty, in terms of decision-making, we need certainty for investment climate, because altogether, I think the underlying demand is there on the consumer side."