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New Trump tariff threat overshadows strong China factory, investment data

Reuters  |  BEIJING 

BEIJING (Reuters) - China's industrial output grew much faster than expected at the start of the year, suggesting the economy may be picking up momentum even as U.S. President Donald Trump readies hefty tariffs against one its most strategic growth drivers -- technology.Tariffs on tech exports could potentially hit the fastest growing segment of China's industrial sector, an area that the country's leaders have been keen to promote as they push for "higher quality" economic growth.Trump is seeking to impose tariffs on up to $60 billion of Chinese imports in the very near future and will ...

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First Published: Wed, March 14 2018. 10:27 IST
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