Jun 3rd, 2025

Tilton: China Very Competitive Gaining Shares vs US

The US is extending the tariff pause on some Chinese goods until August 31 as President Donald Trump is expected to speak with Chinese leader, Xi Jinping. Meanwhile the Caixin manufacturing PMI fell to 48.3 last month, experiencing its worst slump since September 2022. Andrew Tilton, Chief APAC Economist at Goldman Sachs spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the Chinese economy performance.