US-China trade entering tit-for-tat tariffs – Portuguese economy grew 2.7% in 2017
Beijing and Berlin have signed agreements to boost cooperation in the banking and insurance sectors. A trade spat with the US has left China looking for other trade partners.
"The German economy rises and falls with China." Bankers are generally not known for their hyperbole, but the words of Jörg Krämer of Commerzbank, speak to a truth that appears increasingly evident.
Both the US and China say they've made "tremendous" progress when it comes to resolving their trade disagreements. DW spoke to Chinese analyst He Jiangbing about the trade tensions and impact on the Chinese economy.
President Donald Trump has expressed hope trade talks between the US and China will leave 'nothing unresolved.' High-ranking officials from both sides are back at the negotiating table as talks enter their second day.
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