Why China's economy would be more vulnerable to Trump tariffs this time

Quick Summary:

Producer price inflation was 4.6 per cent in July 2018 when Trump's first tariffs came into effect.

In September 2024 this stood at minus 2.

Add household and corporate debt and that number surpasses 350 trillion yuan - roughly three times the size of the economy, according to the Bank for International Settlements.

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Category: BusinessFinance

Markets: IndiaChinaTurkeyUkraineUnited States

Topics: Inflation Donald Trump US presidential elections Harris

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:59:48 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 781 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23456396

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 316 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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