China’s national bureau of statistics said Wednesday that China’s economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports. Analysts are forecasting that the world’s second largest economy will slow significantly in coming months, however, as tariffs as high as 145% on U.S. imports from China take effect. (AP video shot by Borg Wong) Read more here: https://bit.ly/3Rn2KaV
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Author: Associated Press
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