CHINA’S GROWTH COOLS FURTHER AS TARIFF WAR PRESSURES MOUNT
China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.
The world’s second-largest economy grew 6.2% over a year ago, down from the previous quarter’s 6.4%, government data showed this week.
Hopes for an early growth rebound faded after President Donald Trump raised tariffs on Chinese imports in May to turn up pressure on Beijing over the aggressive tactics it’s using to challenge American technological dominance. Now, economists say the slowdown might extend into
