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With the US-China Trade War on Pause, What Will China's Economy Look Like in 2019?
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With the US-China Trade War on Pause, What Will China's Economy Look Like in 2019?

Northern Finance Institute
China Finance 40 Forum, 2018
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At the beginning of December 2018, US president Donald Trump and Chinese president Xi Jinping met in Argentina during the G20 summit and agreed to a 90-day truce on the trade war. During this temporary halt on increasing tariffs, China and the United States will try to flesh out the terms of cooperation in the trading of commercial products as well as information technology. The Northern Financial Institute analyzes the trade war’s impact up until January 2019 and explains what domestic issues China needs to tackle during the temporary relief of outside pressures. This short briefing provides helpful insights into how China views the trade war and where the country might be heading. 

Take-Aways

  • At the G20 meeting in December 2018, US president Donald Trump and Chinese president Xi Jinping agreed on a 90-day truce in the trade war.
  • Since the start of the trade war in March 2018, the automotive industry and the financial market in the United States have already felt an impact.
  • The temporary truce is a great opportunity for China to speed up economic reform, for example, by opening up to more foreign investment.

About the Author

The Northern Financial Institute is a think tank that focuses on financial policies. 

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