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Chinese goodsCNBC
•Business
Business & Economics
88% Informative
As tariffs choke overseas demand, China is pushing exporters to shift sales home.
The move risks deepening deflation in an economy already weighed down by weak consumption and excess capacity.
Many economists believe Beijing will likely wait to see concrete signs of economic deterioration before it exercises fiscal firepower.
U.S. President Donald Trump ratcheted up tariffs on imported Chinese goods to 145% this year , the highest level in a century .
China 's urban unemployment rate is expected to reach an average 5.7% this year , above the official 5.5% target, Eurasia Group's Wang said.
Many economists believe Beijing will likely wait to see concrete signs of economic deterioration before it exercises fiscal firepower.
Peking University professor Justin Yifu Lin said Beijing can use fiscal, monetary and other targeted policies to boost purchasing power.
VR Score
93
Informative language
94
Neutral language
56
Article tone
formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
4
Affiliate links
no affiliate links
