While recovering and growth are still in the consolidation phase
American duties are exercising “pressure” on the Chinese economy and trade, despite the GDP of the first quarter has grown by 5.4%, beyond expectations. “At the State, the imposition of high rates by the United States is intended to exert a certain pressure on foreign trade and on the Economy of China,” admitted Sheng Laiyun, number two of the National Statistics Office, in the press conference to present the data transmitted in streaming. In this scenario, both the recovery and the growth of the dragon are still in the consolidation phase, added Sheng.