 "chinese economy, US China trade war, Chinese government")
The outcome of the ongoing US-China trade war is closely linked to the assumptions regarding China’s economic growth trajectory. A China capable of sustaining a 6-6.5 per cent gross domestic product (GDP) growth rate over the next decade is unlikely to make significant policy changes to resolve the trade war. Its effort would be to offer tactical concessions in the form of enhanced purchases of US goods, improved access to the Chinese market and providing assurances of an even playing field to foreign investors and companies vis-à-vis Chinese entities. Structural changes demanded by US negotiators would likely be resisted. The
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
