THE MOST IMPORTANT NEWS - CHINA POSTS WORST EXPORT FALL SINCE 2009 AS FEARS OF U.S. TRADE WAR LOOM

China posts worst export fall since 2009 as fears of U.S. trade war loom

BY MICHAEL ON JANUARY 15, 2017

China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017.

In one week, China’s leaders will see if President-elect Donald Trump makes good on a campaign pledge to brand Beijing a currency manipulator on his first day in office, and starts to follow up on a threat to slap high tariffs on Chinese goods.

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