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China Weekly: Trump’s trade plans still unclear, service sector improving

We still have little clarity on the timing or size of any tariff increases President Trump is planning to impose on China. For now, we are sticking with our assumption that a 60% tariff will be introduced in the second quarter of the year. Meanwhile, the detailed breakdown of the Q4 GDP figures points to a broad-based pick-up in services growth on the back of a marked turnaround in the property services output.  

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