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China says it is ready for ‘shocks’ as fresh Trump tariffs loom

  • Chinese Premier Li Qiang expressed that the nation is ready for potential external shocks, indicating preparations for unexpected impacts.
  • China is opening more sectors of its economy to attract international investors as investment levels fell last year.
  • China's purchases of U.S. Cotton, large-engined cars, and energy products have decreased significantly in early 2025.
  • Li Qiang noted that instability and uncertainty are increasing, coinciding with anticipated new tariffs from U.S. President Donald Trump.
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  • 35% of the sources are Center, 35% of the sources lean Right
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South China Morning Post broke the news in Hong Kong on Sunday, March 23, 2025.
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