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
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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: Xinhua
