China's second-quarter growth rate of 6.2% marks its lowest level in 27 years amid a trade war with the United States



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경제 성장률 27 에 최저 … "미국 관세 영향"

China's economic growth rate has dropped to its lowest level in 27 years in the second quarter … as its trade dispute with the United States rises.
And to put things in order, US President Donald Trump said his tariffs on Beijing were what drove China's growth rate.
Kan Hyeong-woo reports.

Most badysts were there, but the consequences for the global economy remain the same.
China's growth rate registered only 6 points – 2% in the second quarter, marking its slowest pace of growth in nearly three decades, among the current trade with Washington.
Revealing the data on Monday, the Chinese authorities acknowledged the "difficult situation" and said global economic growth was slowing down as external instabilities and uncertainties increased.

"With regard to the second half of the year, we should say that the external environment is quite complicated and that there is still downward pressure on the internal market, but the principles fundamentals of its smooth operation will not change. "

Having recorded a six point three percent growth in the first half of 2019, … the official said China had laid a good foundation for reaching its goal for the entire year, which is between six and six points five percent.
The spokesman also downplayed the impact of the trade, pointing out that the Chinese economy was based on consumption.

However, US President Donald Trump told Twitter that the pricing policy of his administration had eroded China's growth.
He tweeted that the US "tariffs have a major impact on companies wishing to leave China for non-tariffed countries" … adding that thousands of companies are leaving China and that is why Beijing wants to conclude a trade agreement with Washington.

In the same vein, US Treasury Secretary Steven Mnuchin told reporters on Monday that he was expecting another call of "principle" with Chinese authorities this week. .
Mr Mnuchin said that if they made "significant progress", he would have a good chance that he and the US Trade Representative, Robert Lighthizer, would go to Beijing for trade talks.
Kan Hyeong-woo, Arirang News.

#China #growthrate #low #tradewar #US

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