Indonesia Had Another Trade Headache: China
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By Joe Cash BEIJING (Reuters) -China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.
How, then, to explain the resilience of China’s exports in the turmoil of the global trade war? Some companies have been “front-loading”, or shipping extra goods to America, on fears that the truce will not hold and levies will increase further later.
China's Ministry of Commerce (MOFCOM) said on Friday that China is strongly dissatisfied with and firmly opposes Canadian government's tightening of restrictions on steel imports. The remarks are made as comments after the Department of Finance Canada on July 16,
China wants to bring commercial ties with the United States back to a state of healthy and sustainable development, Commerce Minister Wang Wentao said on Friday, calling on the U.S. to behave in a way that befits its major country status.
Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.
Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.
China’s economy is growing, but cracks are showing. Behind its GDP growth lies deflation, falling home values, and fading consumer confidence. This article explains why the recovery may not last.
China's economy slowed slightly in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March.
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China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.