Chinese premier Li Keqiang’s address to local authorities on Monday was the first time the government has hinted that its full-year targets are at risk of being missed. Photo: AFP

China’s economy cause of growing concern in Beijing as US-China trade war takes toll on growth

  • Chinese Premier Li Keqiang has urged local authorities to do everything possible to tackle ‘downward economic pressure’ amid US-China trade war tensions
  • Message represents a more pessimistic reading of China’s economic situation compared with previous statements from the government
Topic |   China economy

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Chinese premier Li Keqiang’s address to local authorities on Monday was the first time the government has hinted that its full-year targets are at risk of being missed. Photo: AFP
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.