Photo by Pixabay on Pexels.com Exports have surged as companies and consumers rush to beat potential US tariff hikes. However, some economists say China's economy is growing at a slower pace than official estimates show. China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing's … Continue reading How exportation drives China’s steady economic growth
Tag: Tariff
China responds with retaliatory tariff on 128 US products worth $3 billion
The Chinese government warns Donald Trump's administration against taking bilateral trade relations to ‘a dangerous place,’ and has unveiled its own levies on $3bn worth of US imports. President Xi Jinping, through a statement released on Friday by his commerce ministry, said that China hopes the US will pull back “from the brink,” reiterating in clear terms … Continue reading China responds with retaliatory tariff on 128 US products worth $3 billion

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