Free Trial

MNI Policy: 'Many Impact' on China Economy from Trade Spat

MNI (Beijing)
     BEIJING (MNI) - The on-going trade frictions with the U.S. have had "many
impact" on the Chinese economy, including trade and investment, Ning Jizhe, the
head of the National Bureau of Statistics said at a press briefing in Beijing on
Monday. 
     However, Ning said the two countries' negotiations on resolving conflicts
have had some positive progress. 
     The year 2019 will likely see even more grave challenges for China,
including rising protectionism, slowing global growth, and domestic
restructuring, Ning said. China will take measures including raising incomes to
spur spending and further improving the infrastructure, and it is confident of
its abilities to overcome the challenges, Ning said. 
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MI$$$$,MBQ$$$,MGQ$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.