China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a challenge to China's state-led economic model. China said this week it would impose higher tariffs on most US imports on a revised $60 billion target list.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VYYinL
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