US President Donald Trump has increased the tariffs on Chinese goods by 100 percent further. On Tuesday (April 15, 2025), late night White House has announced a 245 percent tariff on Chinese exports. Till now 145 percent tariffs were being imposed, on which China also put 125 percent tariff on American exports in retaliation. Only on this retaliation of China, the US has increased the reciperook tariff by 100 percent. Will the speed of China’s economy slow down with tariff?Goldman Sachs and Citigroup believe that the increase in tariff from…
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China economy in 2025 World Bank Report on Chinese GDP declined next year but revise for 2024
The World Bank has told how the next year i.e. 2025 is going to be for China, the world’s second largest economy. The World Bank has revised China’s Gross Domestic Product (GDP) growth for 2024. On Thursday (December 26, 2024), the bank has increased the GDP growth rate for 2024. In June, it was said that China’s GDP is expected to grow by 4.8 percent this year, which has now been increased to around 5 percent. At the same time, it is predicted to decrease in 2025. However, the World…
Read MoreChinese Economy Getting Worse In 2024 According To Report Xi Jinping Country Facing Low Income Due To Zero Covid Policy
Chinese Economy Getting Worse In 2024: for china year 2023 The biggest bad news was its declining economy. The country’s economy is struggling to recover from the impact of the COVID-19 shutdown and long-standing structural problems have become impossible to ignore. The economic data has been troubling throughout the year and there is no improvement in it. An article in Foreign Policy states that foreign investment has declined and capital outflow has increased rapidly. Although job numbers have recovered somewhat on paper, official figures are highly unreliable, and the picture…
Read MoreChina GDP At 3 Percent Which Is Second Most Low Level Of Last 50 Years
China GDP: Last year corona virus China’s economic growth rate has come down to three percent in 2022 due to the restrictions imposed to deal with it, the slowdown in the real estate sector. This is the second slowest growth in the world’s second largest economy in 50 years. This information has been received from the official data released on Tuesday. China’s economic growth rate to decline to 3% in 2022, second lowest in 50 years According to data from the National Bureau of Statistics, China’s GDP in 2022 stood…
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