American companies are calling on US President Donald Trump to reconsider his threat to impose a 25 percent tariff on a further $300 billion worth of Chinese goods.
China's second-quarter growth has slowed to 6.2%, its weakest rate in almost three decades. The figure reflects trade pressure from the US and weakening global demand.
Huawei’s revenues for the first half of 2019 were up and, despite US blacklisting it in May, the Chinese telco is confident of more growth this year. It is now even wooing US allies, like Poland, with investment pledges.
World leaders are gathering in Japan for what is expected to be a highly divisive G20 summit. Tensions over Iran and the long-running trade war between China and the US loom large over this year's meeting.
China's economic growth slowed to 6.2% in the second quarter — the weakest pace since 1992. But the numbers may not be as gloomy for the world's second-largest economy as they appear, says Wang Tao from Swiss bank UBS.
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