Trump tariffs to impact millions of Chinese workers in a blow to economy

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Trump tariffs to impact millions of Chinese workers in a blow to economy - Business Standard

Quick Summary:

China’s excavator sales surged 29 per cent in March from a year ago, the fastest expansion for that month since 2021.

By contrast, a measure of job openings compiled by Paris-based QuantCube Technology plunged nearly 30 per cent from a year ago over the past two months, based on a data set that tracked online postings from over 2,000 companies.

Still, expectations are rising that Chinese policymakers will roll out greater stimulus to help the economy achieve the official target of around 5 per cent growth this year.