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

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
SCMP Reporters
SCMP Reporters

Updated: 11:29pm, 17 May, 2019

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