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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