One of China’s most senior officials has given a candid assessment of the impact the trade war might have on the economy. Photo: Xinhua

Trade war could slice 1 per cent off China’s economic growth, top party official says

  • Politburo Standing Committee member Wang Yang reveals ‘worst case scenario’ at forum for Taiwanese businesspeople in Beijing but says dispute will not do any long-term damage
  • Firms should not relocate away from Chinese mainland as it still offers huge development opportunities, he says
Topic |   US-China trade war

TOP PICKS

One of China’s most senior officials has given a candid assessment of the impact the trade war might have on the economy. Photo: Xinhua
READ FULL ARTICLE