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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50 Articles
China’s economy may finally be turning a corner — just in time for its next big challenge
China’s economy and markets have been battered over the last few years due to an epic property crisis and post-pandemic scarring — but it may now be turning the corner. Data from the world’s second-largest economy for the first two months of the year beat expectations and real GDP growth is tracking slightly over 5%, Goldman Sachs analysts wrote in a Friday note. This is higher than the firm’s 4.9% forecast. “The narrative shifted notably in ear…
China's economy may finally be turning a corner — just in time for its next big challenge
China's government is encouraging consumer spending through measures such as trade-in program for household goods.CFOTO/Future Publishing/Getty ImagesChina's economy is showing signs of recovery, with better-than-expected data in January and February.Although economic activity remained soft, many indicators appear to have stopped deteriorating, per Goldman Sachs.China's economy is dogged by a property crisis, deflation, and challenges in the emp…
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