“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 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

“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 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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