Is China better prepared for another trade row with the US?

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China has moved to enactment its exporters earlier tariff hikes, arsenic pledged by US President-elect Donald Trump.

China is struggling with a existent property downturn, a section authorities indebtedness situation and deflation – each of which are dragging down its economical growth.

This has made galore Chinese companies displacement their absorption to income abroad.

But, United States President-elect Donald Trump precocious announced raising tariffs by an further 10 percent connected each Chinese imports arsenic soon arsenic helium takes office.

China has announced measures aimed astatine supporting its exporters successful beforehand of the commencement of the 2nd Trump administration.

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Published On 28 Nov 2024

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