China could trigger global trade war – Bloomberg ...News

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China could trigger global trade war – Bloomberg
Beijing has been actively investing in manufacturing to support the economy in light of the real-estate crisis China’s decision to focus its economic efforts on manufacturing could provoke a new trade war with other global industrial powers, Bloomberg analysts warned on Monday. With growth dampened by economic troubles such as the lingering effects of the Covid-19 pandemic and the real-estate sector crisis that has plagued the country for the last two years, Beijing has begun to invest heavily in manufacturing. This strategy has been apparent by the sharp increase in lending to industrial enterprises, which soared

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