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China shrugs off new Trump tariffs but bruising trade war looms
China shrugs off new Trump tariffs but bruising trade war looms
Economy
by  AFP

Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday. However, his action against Beijing was "not a big shock to China's economy", according to Zhiwei Zhang, president of Pinpoint Asset Management.