China and US Brace for Prolonged Trade War, Reshaping Global Economy
The article talks about how China is dealing with changes in its economy due to the trade war with the US. China is working on making its economy more modern and attracting foreign investors. They passed a law to protect foreign businesses investing in China. Despite some positive changes, China's economy is still slowing down. Both China and the US are losing money because of the trade war. They signed a first phase agreement in January 2020, but there are still more negotiations to come.