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Why China may pay a high price for cutting the trade gap with the US

byCT Report
10/05/2018
in Latest News
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China: A key pillar of China’s economic boom is crumbling away, a change that analysts believe could make it harder for Beijing to accede to America’s demands to slash the trade gap between the two countries.

Customs figures for the first four months of the year show that China’s trade surplus with the US exceeded the country’s overall surplus: in other words, China would be in deficit without its gains from the US.

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