Summary of With the US-China Trade War on Pause, What Will China's Economy Look Like in 2019?
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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.
In this summary, you will learn
- What deal the US president Donald Trump and Chinese president Xi Jinping reached during their discussion at the 2018 G20 meeting,
- What impact the trade war has had on both countries, and
- What China needs to do internally during the truce to ensure continued growth.
About the Author
The Northern Financial Institute is a think tank that focuses on financial policies.