Friday, November 22, 2024

China takes big steps to shield exports from Trump’s tariff threat

Thursday, November 21, 2024, 16:30
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China is bolstering its export sector to counter potential US tariff hikes threatened by President-elect Donald Trump. The measures include expanding export credit insurance, increasing financing support for international trade, and strengthening cross-border e-commerce. This comes as China’s export sector faces challenges from weak domestic consumption and a struggling housing market.

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