AFP Asia Business
Hong Kong posts 3.1% growth, warns of trade war ‘risk’
Hong Kong’s economy grew by 3.1 percent in the first quarter of the year, the city’s government said Friday, though it warned US tariffs had heightened “downside risks” in the global economy.US President Donald Trump’s stinging tariffs of 145 percent on many Chinese products came into force last month.Beijing has responded with fresh 125 percent …
Hong Kong posts 3.1% growth, warns of trade war ‘risk’ Read More »
Where things stand in the US-China trade war
China has said it has received overtures from the United States for talks on tariffs — but warned it will need concessions as proof of “sincerity” before any negotiations can take place.The world’s two largest economies are locked in a tit-for-tat tariff war that threatens hundreds of billions in trade and has roiled global markets …