China’s Economy Grows Despite Tariffs
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Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
A new Pew survey is suggesting that global viewpoints on China may be trending in a slightly more positive direction for the communist nation.
Two economics professors say the U.S. is facing another big shock from China, and it could be worse than the first. They have a survival plan.
China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
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The research center said its survey also found a "marked departure" from the results of a 2023 survey, with more people seeing China as the world's leading economic power. A median of 41 percent saw China as the top economy, compared with a 39 percent median who named the United States.
The Chinese economy cooled in the second quarter, but growth was in line with expectations despite pressure from U.S. tariffs.
Asian stocks traded in a narrow range on Tuesday, as investors reacted cautiously to China's surprisingly strong economic growth figures and persistent worries about rising U.S. trade tariffs. Investo