China says Trump 'misleading' people linking trade deal, slowing economy
Source: Reuters
JULY 16, 2019 / 3:42 AM / UPDATED 4 HOURS AGO
Ben Blanchard
3 MIN READ
BEIJING (Reuters) - China on Tuesday rebuffed a suggestion from U.S. President Donald Trump that Beijing needs a trade deal with the United States because its economy is slowing, saying this was totally misleading and that both countries wanted an agreement.
Trump, in a Monday tweet, seized on slowing economic growth in China as evidence that U.S. tariffs were having a major effect and warned that Washington could pile on more pressure.
Official data on Monday showed Chinas economic growth cooled to 6.2% in the second quarter, the weakest annual pace in at least 27 years, amid trade pressure from the United States. In the first half, the economy grew 6.3 percent compared with a year earlier.
Chinese Foreign Ministry spokesman Geng Shuang said Chinas first-half pace was a not bad performance considering global economic uncertainty and slowing world growth, and in line with outside expectations.
Read more: https://www.reuters.com/article/us-usa-trade-china-economy/china-says-trump-misleading-people-linking-trade-deal-slowing-economy-idUSKCN1UB0KM