China’s trade policy

China Rejects US Trade Claims Amidst Trump Administration’s Mounting Losses

Dismissing recent reports of renewed US-China trade negotiations as “fake news,” Chinese officials firmly rejected claims of progress. Both the Ministry of Foreign Affairs and the Ministry of Commerce reiterated that the US must remove all unilateral tariffs and engage in equitable dialogue to resolve trade disputes. This stance underscores China’s position that the US is solely responsible for escalating tensions. The statements serve to maintain China’s negotiating position and pressure the United States to make concessions.

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Xi’s Free Trade Pitch: Is China a Source of Stability or Just an Illusion?

During a Southeast Asian tour, Chinese President Xi Jinping advocated for free trade, portraying China as a stabilizing force amid global economic uncertainty. In Vietnam, he met with President Luong Cuong and General Secretary To Lam, emphasizing bilateral cooperation to maintain global trade and supply chains. Agreements were signed focusing on supply chain cooperation and agricultural exports, while Xi also addressed the ASEAN free trade agreement in Malaysia. The timing of the trip, coinciding with recent US tariff disruptions, allowed China to position itself as a reliable economic partner in the region.

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