Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017.
"So this is not going to be a sustainable driver of growth for China."
China's exports to the U.S. rose by a modest 1.5% in the first half of the year.
Citi forecasts 5.0% growth in real GDP growth for China this year.
UBS forecasts 4.9% growth for China's economy this year.
Persons:
Xi Jinping, Donald Trump, Artyom Ivanov, Goldman Sachs, Trump, JD Vance, Hui Shan, CNBC's, Janet Yellen, Vance, Biden, Mike Pence wouldn't, MAGA, Lin Jian, Goldman's Shan, Shan, Tao Wang
Organizations:
TASS, Getty, BEIJING, U.S, European, Citi, Fox News, Trump, Capitol, China's Ministry of Foreign Affairs, CNBC, UBS Investment Bank, UBS
Locations:
Beijing, China, U.S, European Union, Asia, Ukraine