China’s 25-member Politburo, headed by President Xi Jinping, agreed on Wednesday that there was “growing downward pressure” on the economy. Photo: Reuters

China’s top leaders prepare for worse as economy takes hits from US trade war

  • Politburo offers renewed support for the private economy and stock market, and sees more downward pressure on growth ahead
Topic |   China economy

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China’s 25-member Politburo, headed by President Xi Jinping, agreed on Wednesday that there was “growing downward pressure” on the economy. Photo: Reuters
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.

Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.