Friday, May 10, 2019

US tariffs could cut China's GDP growth by 0.3 percentage points, says Chinese central bank advisor

Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank advisor said on Friday.

from World News & Analysis https://www.cnbc.com/2019/05/10/us-tariffs-may-cut-china-gdp-growth-by-0point3percent-points-bank-advisor.html

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