China’s economic growth target of 5% this year is looking ambitious, given sluggish consumer spending, an uncertain outlook for the country’s exports and a still shaky property market. President Xi Jinping’s government spent recent months trying to fix those problems via a succession of stimulus measures that left investors clamoring for more decisive action.

HONG KONG, Nov 6 (Reuters) - A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world's second-largest economy.

NEW YORK — Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for the return of President-elect Donald Trump who has pledged to slap steep tariffs across the board on imports from other countries.

The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.

The shoe brand said it had already been developing a factory network in Cambodia, Vietnam, Mexico and Brazil for several years.