Back to today’s briefing

Story perspectives

China's Economy Faces Trade War, Yet Growth Persists

6/2/2025

49 3

Summary

Story summary

China's economy is impacted by a trade war, with stalled negotiations and ongoing tariff tensions.
Treasury Secretary Scott Bessent confirmed that talks have stopped, while President Trump accused China of breaching agreements.
Despite these challenges, private-sector growth is projected at 4-5% for 2025, indicating resilience.
Signs suggest that the severe property crunch may be beginning to ease.

1 of 1

Story summary

China's economy is impacted by a trade war, with stalled negotiations and ongoing tariff tensions.
Treasury Secretary Scott Bessent confirmed that talks have stopped, while President Trump accused China of breaching agreements.
Despite these challenges, private-sector growth is projected at 4-5% for 2025, indicating resilience.
Signs suggest that the severe property crunch may be beginning to ease.