World Bank Weighs in on US China Trade War

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“China should address the concerns expressed by the United States and other major trading partners over forced transfer of technology and openness to investment to de-escalate ongoing trade tensions, the World Bank advised on Thursday.

In addition, Beijing’s forthcoming domestic economic stimulus plan should focus on tax cuts and strengthen the social safety net to increase consumer confidence and household spending, the international development bank said in its latest “China Economic Update” report.”

To view the full article, visit the South China Morning Post.