China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

'The negative impact of US tariffs will continue to be dampened to some degree,' Capital Economics said, thanks to a weak yuan and exports via Asia.

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports. Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note. One is a weaker yuan. Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. View Markets Insider's homepage for more stories.

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports. Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note. One is a weaker yuan. Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. View Markets Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blunting? Assorted data has been in contraction territory in the last year. Fake news much?

If America putting now n then then leave that country do ur trade with other countries

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Boeing CEO eyes major aircraft order under any U.S.-China trade dealExclusive: Boeing's CEO tells Reuters that a major aircraft order from China could result from any trade deal with the U.S. Tit-for-tat tariffs have forced Boeing to walk a geopolitical tightrope for more than a year Are they buying the grounded 737max’s ! Just keep your planes in the air dude, thats it I am sure Boeing is far more worried than China. China can buy from Europe and its own domestic aircraft industry is expanding.
Source: Reuters - 🏆 2. / 97 Read more »

China says it didn't call U.S. trade negotiators, despite Trump's claim'I have not heard of this situation regarding the two calls that the U.S. mentioned in the weekend,' Foreign Ministry spokesman Geng Shuang. Tava demorando Oops. Wrong number. It was Somalia Trump called.
Source: Newsweek - 🏆 468. / 52 Read more »

U.S. warship sails in disputed South China Sea amid trade tensionsA U.S. Navy destroyer sailed near islands claimed by China in the South China Se... Other countries should take a note of what China is doing in that region. China 🇨🇳 is a bully and is testing US reactions. This should be taken seriously to counter Chinese influence. Yes realDonaldTrump is not exactly a great choice, but the world is much safer under US or EU than Russia or China That's what ships do, they said. It means nothing.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. warship sails in disputed South China Sea amid trade tensionsA U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Wednesday, the U.S. military said, a move likely to anger Beijing at a time of rising tensions between the world's two largest economies. The busy waterway is one of a growing number of flashpoints in the U.S.-Chinese They're always poking the bear 🤦‍♂️
Source: YahooNews - 🏆 380. / 59 Read more »

China Trade War Costing U.S. In Tourism RevenueChinese visits to the US is plummeting costing Americans a pretty penny in tourism dollars. I'm sure we will be just fine... Who cares let them stay home oi! your going the wrong way with my fking t shirts free t shirts
Source: Forbes - 🏆 394. / 53 Read more »