Every Tuesday and Thursday, Inkstone Index features one important number about China to give you insight into the rising power.
36%: The share of private companies in China that said they were hurt by the US-China trade war.
More than a third of top Chinese private companies reported feeling the burn from the US-China trade war, according to a survey released by the All-China Federation of Industry and Commerce, a chamber of commerce in China.
152 of the 500 largest companies in China said the trade war had negatively affected their business while 246 said it had not. 102 companies did not answer that particular question.
China has routinely downplayed the domestic effect of the trade war at
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Oct 15, 2020