Just how much is the trade war hurting China’s economy?
The trade war marches on, despite the news that the U.S. and China may be moving closer to a partial deal on agricultural products and tariffs. Meanwhile, there are more signs of weakness in China’s economy. For the month of September, China’s import and export data looked weaker than economists were expecting. In dollar terms, China’s exports dipped 3.2% from a year earlier, and imports contracted for the fifth straight month. To what extent is the trade war to blame?
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.