Economics
China Officials Tap Lower Tariffs, Debt Sales to Aid Growth
- Leaders made pledge as trade talk resumes in Beijing this week
- Official says growth better than expected in first two months
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China’s top officials pledged to lower tariffs and expedite debt sales in 2019 as they seek to manage an economic slowdown while tackling the trade standoff with the U.S.
The country will continue to cut import taxes and create a first-rate environment for foreign businesses as it opens up the economy, Vice Premier Han Zheng said at the China Development Forum in Beijing on Sunday, without offering details on tariff reduction.