China’s President Xi Jinping agreed a 90-day trade war truce with US President Donald Trump on December 1. Photo: Xinhua

US trade war spreading to China’s state-owned enterprises, warns senior government official

  • Deputy head of the State-owned Assets Supervision and Administration Commission, Meng Jianmin, makes comments in private speech at closed-door meeting
  • Electricity consumption shrinking in the city of Suzhou and Zhejiang province, an indication of a downturn in economic activity
Topic |   China economy

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China’s President Xi Jinping agreed a 90-day trade war truce with US President Donald Trump on December 1. Photo: Xinhua
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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.