Caixin
Jul 27, 2018 05:32 AM
ECONOMY

IMF Urges China and U.S. to Avoid ‘Exceptional’ Trade Measures

The IMF expects China’s GDP growth to slow slightly to 6.6% in 2018 from 6.9% in 2017. Photo: IC
The IMF expects China’s GDP growth to slow slightly to 6.6% in 2018 from 6.9% in 2017. Photo: IC

* The organization warns rising external risks with tightening global financial market conditions and rising trade tensions

* Escalating tariffs and investment restrictions could weaken confidence and investment in China, IMF says

The International Monetary Fund warned that escalating trade tensions with the U.S. could increase the risks for China’s economy and urged both parties to avoid “exceptional measures.”

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