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The Politburo rarely details policy plans, but the shift in its message shows China is willing to go even deeper into debt, prioritising, at least in the near term, growth over financial risks.
As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next U.S. president to the punch with its own restrictions and get Washington to the negotiating table ...
Biden kept the Trump-era tariffs and added some of his own, including a 100% tax on imports of electric cars from China, a 50% tax on solar panels and a 25% tax on lithium-ion batteries and steel ...
WASHINGTON (Reuters) -With his nomination of China hardliner Marco Rubio for secretary of state, U.S. President-elect Donald Trump has signaled his policy toward Beijing could go beyond tariffs ...
The share of China's exports going to the U.S. dropped from 19% in 2018 to 15% last year, according to China customs data, even as China's overall exports are forecast to reach a record high this ...
Its national debt-to-GDP level is about 68%, compared with Japan's 250% and 120% in the United States. At the local level, huge amounts of debt remain a problem, with many Chinese workers going ...
But after Trump took office in 2017, the deficit gradually widened, and the national debt levels grew each year before both skyrocketed in 2020 as government spending ramped up to deal with the ...
The Census data showed that in 2023, the US imported $67 billion in cellphones and other household goods from China, $37 billion in computers, and $32 billion in games, toys, and sporting goods.