Saturday 18 August 2018
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1 months ago

China’s economic growth cools amid trade tensions

BEIJING --- China s economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world s second-largest economy expanded by 6.7 percent, down from the previous quarter s 6.8 percent, the government reported Monday. Even before the dispute with Washington erupted, forecasters expected growth to cool after Beijing started tightening controls on bank lending last year to rein in surging debt. Economic activity is expected to decl

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