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Several investment banks have moved to slash China's growth forecasts this year, with most doubting Beijing can achieve the official target of "around 5%" this year.
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U.S. stocks were little changed in early trading on Tuesday, a day after President Donald Trump signaled a willingness to ease some tariffs but also impose new ones.
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As President Trump's sweeping tariffs cause uncertainty among global markets, Chinese President Xi Jinping was warmly welcomed to a state-visit in Vietnam. Xi is also heading to Malaysia and Cambodia, where he aims to cast China as a reliable trading partner to Southeast Asia's developing economies.
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