The IMF expects China's growth to slow to 6% next year, and to 5.5% by 2024.
's administration took a turn for the worse in early May with the increase of tariffs on $200 billion worth of Chinese goods exported to the U.S.
, and an effective ban on American companies doing business with Chinese telecom giant Huawei. Beijing responded with tariffs on $60 billion worth of U.S. goods, the announcement of an "unreliable entities list" and a far tougher stance against U.S. requests.
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