Even before tit-for-tat tariffs, growth in the world's No. But analysts closer to China say it is doing better than Americans might think. Those hinge on U.S. objections to Chinese plans for state-led creation of global champions in robotics, electric cars and other technologies. The tariffs target Chinese goods such as medical equipment and factory machinery that Washington says benefit from improper industrial policies. So far, U.S. tariff hikes have had little impact on a Chinese economy that is bigger than Japan and Germany combined.

Source: ABC News September 03, 2018 10:41 UTC