BEIJING -- As it exchanges blows with the U.S. on trade, China is struggling with a lack of domestic demand that may limit its ability to offer concessions on imports of American goods.
Weak consumer spending leaves less room to ramp up U.S. imports
China hit the U.S. with fresh tariffs on crude oil and liquefied natural gas on Monday, responding to new duties on Chinese imports imposed by the Trump administration. © Reuters
BEIJING -- As it exchanges blows with the U.S. on trade, China is struggling with a lack of domestic demand that may limit its ability to offer concessions on imports of American goods.