China’s economic growth is set to slow in 2020, albeit by less than previously expected following the “phase one” trade deal with the United States.
The deal, signed on 15 January, has averted further escalation of the trade war, and the US Treasury’s subsequent decision to no longer label China a “currency manipulator” gives Beijing room to weaken its currency to boost exports if required. The International Monetary Fund said that the deal would ensure that growth did not slip below the 6% level that it...
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