President Xi Jinping’s government is said to be preparing for Trump to put duties on all Chinese goods.
Li’s comments come as trade tensions with the U.S. escalate
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fertility services in China will reach $1.5 billion in 2022, according to BIS Research.
The aggregate lending figure, including shadow banking, showed borrowers are increasingly having to turn to the debt market.
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Chinese investors are “panicking” on the trade war news, according to Wang Yue, an analyst at Shanghai East Asia Futures Co.
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The global retreat by some of China’s biggest and most-indebted conglomerates shows no signs of stopping.
Trump is said to have instructed to proceed with additional tariffs despite his Treasury secretary’s attempt to restart talks.