That compares with 6.9 percent in 2015 and is the weakest since 1990, a year after the bloody Tiananmen Square crackdown isolated the country internationally.The forecast is within the government's target of 6.5-7.0 percent. Official figures are released Friday. But Societe Generale's Huang warned further slowing could test Beijing's commitment to reform. Navarro's book "Death by China" accuses the country of waging economic war by subsidising its manufacturing industry and blocking American imports.Trade policy under Trump is likely to motivate US businesses to move factories out of China, and American companies such as Seagate have announced layoffs in the country, raising concerns reshoring may have already begun. "The international trend isn't very optimistic," Li Ruoyu of the State Information Centre of China told AFP.But some observers see potential unintended benefits for China in some of Trump's proposed domestic policies.According to CICC analysts, if Trump's tax cuts and infrastructure spending is implemented "the 'Trump Stimulus' may exert a positive spill-over effect to growth and inflation in China as well, given China's profound participation and dominant role in the global manufacturing supply chain".

Source: Economic Times January 18, 2017 05:19 UTC