The growth rate dipped down this week for the Chinese economy, due to the tariff tiff currently plaguing U.S. Chinese relations.
Xi Jinping, the General Secretary of the Communist Party, has made a brisk 6.5 percent growth rate a goal for the Chinese economy. The economy is still on track to meet that goal, though the real effect of these tariffs isn’t expected to take hold until the second half of this year.
Some worrying signs have started to materialize, such as poor Chinese stock market performance, dampened factory production, and diminished retail and infrastructure spending.
