“China could intensify its efforts to address trading partners’ concerns over technology transfer and reciprocity in investment conditions,” according to the World Bank. Photo: Xinhua

China should address US concerns on investment and tech transfer to defuse trade war, says World Bank

  • Washington-based international development bank sees only modest decline in 2019 Chinese growth rate, but advises cut in business taxes to support the economy
  • It also advises Beijing to strengthen the social safety net to improve consumer confidence and household spending
Topic |   China economy

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“China could intensify its efforts to address trading partners’ concerns over technology transfer and reciprocity in investment conditions,” according to the World Bank. Photo: Xinhua
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