The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters

Trade war could cause global recession, Beijing official warns, as US investment growth in China sinks

  • US investment in China grew 7.5 per cent between January and May, year on year, a much slower pace than the 24.3 per cent recorded between January and April
  • Ministry of Commerce spokesman Gao Deng says that the trade war ‘could cause a recession in the United States and global economies’
Topic |   Investing

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The US fell to the sixth largest foreign investor in China in April from the third largest in March, according to the data. Photo: Reuters
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