The Chinese economy will be able to "muddle through" the next year despite its ongoing tariff wars with the United States, according to a report released April 24 by the Federal Reserve Bank of New York.
The report, which outlines the Chinese government's challenges including a slow recovery from the pandemic, a weak response from stimulus and the collapse of its property sector, forecasts the economy to be "steady but not strong" over the next year despite the intensifying trade conflict.
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