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Mass Layoffs Avoided in China, But Export Sector Badly Shaken
asiafinancial.com/mass-layoffs-avoided-in-china-but-export-sector-badly-shaken
The agreement by US and Chinese trade officials last weekend to slash tariffs for 90 days looks to have prevented mass job layoffs in China, but economists say they are still high enough to slow Chinese growth.
Beijing avoided a nightmare scenario, but analysts say that even with both…
This story appeared on asiafinancial.com, 2025-05-16 08:49:17.