Why tariff war threatens Beijing's global economic ambitions
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May 12, 2019
BEIJING (AP) — China's intensified tariff war with the Trump administration is threatening Beijing's ambition to transform itself into the dominant player in global technology.
The United States is a vital customer and source of technology for Chinese makers of electronics, medical equipment and other high-tech exports — industries that the ruling Communist Party sees as the heart of its economic future.
Yet to the Trump administration, they're a threat to America's industrial leadership.
Beijing managed to keep Chinese economic growth steady in the most recent quarter despite a drop in export...
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