China, Donald Trump and GDP growth
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China exports beat forecasts
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China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
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U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.
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Local businesses are facing a confluence of trade pressures, technological disruption and competition, says ASME. Read more at straitstimes.com. Read more at straitstimes.com.
Derek Scissors, AEI Asia economist, joins 'The Exchange to discuss China's response to tariffs and his expectations from Nvidia's CEO Jensen Huang's visit to the country this week.
Despite US tariff pressures, China's exports have shown surprising resilience, achieving a record trade surplus of $586 billion in the first half of t
President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico.