China cuts import tariffs on some consumer goods

China faces pressure from the United States, Europe and other trading partners for better access to its growing market.

By: AP | Beijing | Published: November 24, 2017 12:27 pm

china, domestic consumption, consumer goods, chinese domestic market, indian express

FILE – In this March 17, 2017, file photo, a vendor takes stock of imported food at a mall in Beijing. China is cutting import tariffs on a range of consumer goods amid pressure from the United States, Europe and other governments for better access to its growing domestic market. (AP Photo/Ng Han Guan, File)

China announced tariff cuts Friday on consumer goods including avocados, mineral water and baby carriages in a new effort to spur economic growth driven by domestic consumption and reduce reliance on trade and investment.