A worker looks on as a crane lifts steel pipes for export at a port in Lianyungang, China on July 15. China’s steel and aluminium exports have been among the first targets for tariffs by the Trump administration. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

US is winning the trade war, and Chinese growth falling to 5 per cent will be the proof

David Brown says that much as China would like to maintain its growth rate at the 6-8 per cent annual level, it will have to accept that the Trump administration has the upper hand in the trade stand-off, and a slowdown is inevitable

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A worker looks on as a crane lifts steel pipes for export at a port in Lianyungang, China on July 15. China’s steel and aluminium exports have been among the first targets for tariffs by the Trump administration. Photo: Reuters
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