China is pumping more cash into its economy as the trade war heats up

Daniel Shane | October 08, 2018 12:00 AM

The Chinese economy has lost momentum this year following government efforts to try to rein in high levels of debt. It's also coming under pressure from US tariffs on more than $250 billion of Chinese exports. "The economy clearly needs the support" said Wei Yao, a China economist at investment bank Societe Generale, in a note to clients Monday. She predicted a further slowdown in the coming quarters.